Updated Feb. 4, 2014 at 1:42 p.m.

Premium Lock Gates out as Microsoft chairman; 'cloud' exec is new CEO

Published: 2014-02-04 10:29:00
Updated: 2014-02-04 13:42:16

Bill Gates Billionaire Bill Gates, chairman and founder of Microsoft Corp., speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Jan. 21, 2014. Photographer: Scott Eells/Bloomberg Image 1 of 2 · Next Image…

Microsoft has named Satya Nadella chief executive officer, tapping an insider steeped in business technology to speed a turnaround at the tech giant. Also, Bill Gates, the company's first CEO, will step aside as chairman and devote more time to product development, while remaining on the board and running his philanthropic foundation....

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