Bloomberg today reported that Microsoft board may be announcing Indian born Satya Nadella as its next CEO. It also added that board is looking to replace Bill Gates from his position as chairman of Microsoft’s board. Microsoft Corp. (MSFT)’s board is preparing to make Satya Nadella, the company’s enterprise and cloud chief, chief executive officer and is discussing replacing Bill Gates as chairman, according to people with knowledge of the process. One person the board is considering to take the place of co-founder Gates as chairman is Microsoft lead independent director John Thompson, said the people, who asked not to be identified because the process is private. Even if Gates steps down as chairman, he may be more involved in the company, said two people familiar with the matter, particularly in areas like product development. As expected, Microsoft declined to comment on this story. Source: Bloomberg ...

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