The most exciting part of elevating Satya Nadella to chief executive officer of Microsoft Corp. (MSFT) may be that it would end the search to replace Steve Ballmer, investors in the world's biggest software maker said. The 46-year-old native of Hyderabad, India, is a cloud computing whiz with the potential to reverse Microsoft's image as a company stranded in the past, said Chad Morganlander, a fund manager at Washington Crossing Advisors. At the same time, he spent two decades working for Ballmer and Bill Gates and shareholders may be disappointed no outside candidate was found, said Donald Selkin of National Securities Corp. Microsoft's board is preparing to make Nadella, the company's enterprise and cloud chief, its CEO, and is discussing replacing Gates as chairman, according to people briefed on the process who asked not to be identified because the process is private.
via Business News - Yahoo Finance http://ift.tt/1dS6YKE
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