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Microsoft names Satya Nadella CEO as Bill Gates demoted from Chairman to ‘Technology Advisor’

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Following the announcement last August that Microsoft CEO Steve Ballmer was out the door as soon as the company could find a new captain to lead the ship, the Board finally announced today that it has found its guy: Satya Nadella.

As part of the changes, founder and former CEO Bill Gates has agreed to step down from the Board and into a new role as ‘technology advisor’. Gates says he will step up his time at the company meeting with various groups and helping with future products at the request of Nadella.
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