Microsoft has revealed its new CEO is Satya Nadella, who currently holds the position of Microsoft's head of Cloud and Enterprise.
Nadella, who's department currently builds and runs the company's computing platforms and developer tools, is set to replace Steve Ballmer, who revealed last August he'd retire within 12 months.
Nadella and Ballmer aren't the only two individuals changing positions, however. Microsoft also announced that Bill Gates will be stepping down as chairman, and will instead take up the new role of founder and technology advisor. He will remain on the Board of Directors however, with lead independent director John Thompson taking on the role of chairman. Thompson was the one leading the search committees for the new CEO.
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