Microsoft yesterday announced that its Board of Directors has appointed Satya Nadella as its new Chief Executive Officer and member of the Board of Directors. Nadella was previously in the position of Executive Vice President of Microsoft’s Cloud and Enterprise group. Bill Gates, Microsoft’s Founder and Member of the Board of Directors said the following regarding Satya Nadella, “During this time of transformation, there is no better person to lead Microsoft than Satya Nadella,” “Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth.” Satya will get a annual salary of $1.2 million and other benefits for his new position as Microsoft CEO. You can read the whole Offer Letter ...

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