Microsoft Announces India-born Satya Nadella as CEO Tuesday Feb 04,2014

Microsoft has named India-born Satya Nadella, an executive in charge of the company's small, but growing business of delivering software and services over the Internet, as its new CEO on Tuesday Feb 04,2014

India-born Satya Nadella will replace Steve Ballmer, who said in August that he would leave the company within 12 months. Nadella will become only the third leader in the software giant's 38-year history, after Gates and Ballmer.

India-born Satya Nadella(46)has worked at Microsoft for 22 years, has been an executive in some of the company's fastest-growing and most-profitable businesses, including its Office and server and tools business

India-born Satya Nadella ,for the past 7 months was the executive vice president who led Microsoft's cloud computing offerings, a new area for Microsoft, which has traditionally focused on software installed on personal computers rather than on remote servers connected to the Internet

India-born Satya Nadella, the new Microsoft CEO, will get a base annual salary of USD 1.2 million, but his overall package after taking into account bonus and stock awards may reach USD 18 million (Rs. 112 crore) a year besides various other perks.

About Satya Nadella

• was born in 1967 in Hyderabad,India
• received a bachelor's degree in electrical engineering from Mangalore University
• a master's degree in computer science from the University of Wisconsin, Milwaukee and
• a master's of business administration from the University of Chicago
• joined Microsoft in 1992 (after being a member of the technology staff at Sun Microsystems)to help build Windows NT while finishing MBA on weekends
• In 2001, became responsible for Microsoft Business Solutions' research and development, promoted to leader of MBS in 2006. 
• In 2008, named senior vice president of search, portals and advertising.
•   In 2011, named president of Microsoft's server and tools business.
   

Microsoft said that Bill Gates, in his new role as founder and technology adviser, "will devote more time to the company, supporting Nadella in shaping technology and product direction".

About Microsoft

• was founded by Gates and Paul Allen in April 1975.A 19-year-old Gates drops out of Harvard University and goes on to found Microsoft with childhood friend Paul Allen. They make their first product - a BASIC programming code interpreter for the Altair 8800 microcomputer.
• In June 1980,Bill  Gates recruits former Harvard classmate Steve Ballmer to become the company's first business manager.
• made software that powered computers made by others - first with its MS-DOS system in Aug 1981, then with Windows in 1983 and its Office productivity suite starting in the late 1980s
• In 1986 Microsoft moves its corporate headquarters to Redmond, Washington. It goes public at $21 per share and raises about $60 million
• In 1995, with the advent of the Internet, Microsoft introduces its Web browser "Internet Explorer."
• In Jan 2000 Steve Ballmer succeeds Bill Gates as CEO 
• In Nov 2005, the next-generation Xbox 360 goes on sale
• In Jan 2007, Microsoft unveils the widely panned Windows Vista, the company's least-popular operating system.
• In Aug 2013 Steve Ballmer announces he will step down within 12 months