Report: Satya Nadella to Be Microsoft CEO

Reports are coming out that Microsoft ($MSFT) is about to name Satya Nadella as their new CEO:

The board of directors at Microsoft is preparing to tap Satya Nadella as CEO Steve Ballmer’s successor and is holding discussions to replace Chairman Bill Gates, according to a report.

A candidate to replace Gates as chairman, John Thomson, the software giant’s lead independent director, has emerged as well, according to Bloomberg News, citing people briefed on the process.

USA TODAY could not independently confirm the decision. Microsoft did not immediately respond to a request for comment.

As of Thursday night, Microsoft’s board was meeting. An announcement was expected as soon as Friday. Microsoft shares were up 1%, to $37.20, in after-hours trading.

Should Ballmer and Gates depart, the software giant would be without its two most recognizable figures for the first time in its 39-year history.

The report said that Nadella jumped forward as the front runner in recent weeks as Ballmer’s replacement. However, the plans aren’t finalized, according to the report.

Nadella, who joined Microsoft in 1992, is in charge of the company’s enterprise and cloud businesses.

Posted by on January 30th, 2014 at 7:55 pm

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