Microsoft’s board of directors has decided to place full trust in Satya Nadella, the company’s chief executive since 2014, by appointing him as chairman of the group as well.
Forgotten, the Steve Ballmer era. At Microsoft, Satya Nadella definitely joins Bill Gates as one of the leaders who has had the most influence on the evolution of the group. A reality that is now also verified in the job title of Satya Nadella, who becomes the second CEO of the company. Indeed, the one who has been in charge of operations since 2014 has just been inducted as president by the board of directors, which therefore makes him the CEO of Microsoft. Until now, it was John Thompson who held this position since the withdrawal of Bill Gates.
Microsoft as a service
This appointment should be seen as a real mark of confidence granted by Microsoft’s shareholders. As our colleagues from Echoes, when he took over as CEO in 2014, Microsoft had an annual turnover of 87 billion dollars and the valuation of the company on the stock market was around 300 billion. In 2020, the group generated $ 143 billion in revenue and its valuation is approaching $ 2 trillion (behind Apple, but ahead of Amazon).
Since Satya Nadella heads Microsoft, the company has been able to adapt its economic model to the new challenges of the sector, imposing its offer cloud Azure, transforming home office solutions into as many subscription services (Office 365, Teams, etc.), and investing heavily in research into artificial intelligence. On the hardware side, forgetting the resounding failure of Windows Phone, Microsoft has been able to bring great notoriety to its Surface ranges and continue efforts to impose Xbox products on the general public, including by currently betting on streaming games.