Â鶹´«Ã½

Skip to main content

Microsoft names CEO Satya Nadella as chairman

The Microsoft company logo is displayed at their offices in Sydney, Wednesday, Feb. 3, 2021. (AP Photo/Rick Rycroft) The Microsoft company logo is displayed at their offices in Sydney, Wednesday, Feb. 3, 2021. (AP Photo/Rick Rycroft)
Share

Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.

 

Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax.

 

The company said Thompson, who took over as chairman from the software giant's co-founder Bill Gates in 2014, will serve as lead independent director.

 

The top-level executive change comes just over a year after Gates stepped down from the board, saying he would focus on philanthropic works of the Bill and Melinda Gates Foundation, one of the world's biggest charities.

 

The company had last month said it conducted a probe into Gates' involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person.

 

Microsoft had declined to comment on whether its board had decided Gates should go.

 

The company also declared a quarterly dividend of 56 cents per share payable Sept. 9.

(Reporting by Eva Mathews in Bengaluru; Editing by Arun Koyyur)

CTVNews.ca Top Stories

A six-year-old boy from northeastern Manitoba who had been missing since last Wednesday has been found dead.

opinion

opinion How to create a budget that works for you

Are you struggling to create a budget that fits your life and schedule? Personal finance contributor Christopher Liew shares some simple budgeting methods and offer some tips to help you create, and follow, a budget plan.

A new charter challenge set to get underway on Monday will test the constitutionality of a controversial Ontario law that allows hospitals to place discharged patients into long-term care homes not of their choosing or face a $400-per-day charge if they refuse.

Local Spotlight

Cole Haas is more than just an avid fan of the F.W. Johnson Wildcats football team. He's a fixture on the sidelines, a source of encouragement, and a beloved member of the team.

Getting a photograph of a rainbow? Common. Getting a photo of a lightning strike? Rare. Getting a photo of both at the same time? Extremely rare, but it happened to a Manitoba photographer this week.

An anonymous business owner paid off the mortgage for a New Brunswick not-for-profit.

They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.

A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.

Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.

The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.

The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.

It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.

Stay Connected