CEO Satya Nadella appointed as new Microsoft Chairman

TIL Desk/Business/New Delhi/ Microsoft’s India-born CEO Satya Nadella has been named the company’s chairman, an additional role in which he will ’lead the work to set the agenda for the board.’

Microsoft Corp on Wednesday announced that the board’s independent directors unanimously elected Nadella to the role of board chair, and unanimously elected John W Thompson as the lead independent director, a role he held previously from 2012 to 2014.

’In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,’ the company said in a statement.