Microsoft names insider as new CEO, Gates steps down from chair

This morning, Microsoft announced that Satya Nadella, until now Microsoft’s vice president in charge of the company’s enterprise and cloud products, has been named the company’s new chief executive officer. The company also named a new chairman of the board, as Bill Gates will return to help Nadella plot the course for the company and take a greater role in the company’s operations.

The announcement ends months of speculation about who would replace outgoing CEO Steve Ballmer. But it also signals a less radical shift at the software giant—with Gates providing a great deal more guidance over the company’s technology development.

In an e-mail to employees this morning, Nadella wrote:

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