Microsoft has announced that Satya Nadella has replaced Steve Ballmer as CEO of the company. The 46-year-old Nadella has been with the company since 1992, most recently as executive vice president of Microsoft’s Cloud and Enterprise group. Founder Bill Gates will also be stepping down as chairman of Microsoft’s board of directors to take a more hands-on role as an advisor, “supporting Nadella in shaping technology and product direction.”
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