9.3 C
New York
Saturday, November 16, 2024

Buy now

Satya Nadella will be chairman of the Microsoft board as well as CEO

Satya Nadella, the executive who has led Microsoft since 2014, will also assume the responsibility of chairman of the company’s board, something that has not happened since Bill Gates left the position of CEO to Steve Ballmer in 2000.

The decision, adopted unanimously, means that in addition to his responsibilities as Microsoft’s top executive, Nadella will be in charge of setting the company’s board agenda, taking advantage of his experience and knowledge of the business to raise the appropriate strategic opportunities and identify risks. key code.

Satya Nadella was appointed CEO of Microsoft in February 2014, after having held the direction of the corporate division and the business ‘in the cloud’ of the multinational until that moment, thus succeeding Steve Ballmer.

Likewise, on the same date, Bill Gates announced that he was leaving the chairmanship of the Microsoft board in the hands of John Thompson, who after Nadella’s appointment as chairman of the board will once again be an independent director, the same as between 2012 and 2014.

Nadella, 53, of Indian origin, is a veteran of the Windows creation company, which he joined in 1982 from Sun MicroSystems. At the Redmond company, he has been responsible for leading the transformation of its businesses and technologies from a client-based software orientation to a cloud infrastructure.

On the other hand, in addition to these changes in functions, Microsoft’s board declared a quarterly dividend of $ 0.56 per share, which will be paid on September 9 to shareholders of record on August 19, 2021. The ex-dividend date will be on August 18, 2021.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

21,156FansLike
3,912FollowersFollow
2,245SubscribersSubscribe
- Advertisement -spot_img

Latest Articles