Business

Satya Nadella will also chair Microsoft

New York: Microsoft has named CEO Satya Nadella as chairman of its board, strengthening its grip on the company. Nadella was unanimously elected chairman of the board of directors of Microsoft, where he will lead the agenda to ‘utilize his in-depth understanding of the company to increase the right strategic opportunities and identify key risks’, the company pos said. Nadella, who took over from Steve Ballmer in February 2014, has made Microsoft more relevant in a new technology world led by competitors such as Apple and Google. When Nadella took the helm as CEO of Microsoft, some were afraid that the technology giant would become a dinosaur. Nadella is credited for bringing new energy to the company, which was founded in 1975 and has long focused on packaged personal computer software.

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To look back

Early in his tenure, Nadella ordered a massive reorganization, with about 18,000 jobs – or 14 percent of staff – cut under a plan to simplify the corporate structure and integrate Nokia’s mobile division into Finland. Nadella, 53, has given priority to cloud computing, which has become a lucrative growth engine at technology giant Washington.

Microsoft’s new operating system

Next week, Microsoft is launching a new generation of its Windows operating system, which according to the trackers is almost three-quarters of the world’s computers. The company has built its empire on software such as Windows and Office – licensed to computer manufacturers or sold in packages for installation on machines in homes or workplaces. Under Nadella, Microsoft has put more focus on hiring software and services offered at data centers in the computer cloud, and expanded its Azure platform. The era of the personal computer was rocked by the rise of smartphones and tablets, but saw a kind of revival during the pandemic when people set up homes for work, school and play remotely.