Bloomberg reports Microsoft (MSFT) is preparing to name server/cloud product chief Satya Nadella its next CEO, and is thinking of removing Bill Gates as chairman. Lead independent director John Thompson is said to be under consideration for replacing Gates.
Nadella, head of a product group that has arguably represented Microsoft's biggest success story over the last decade, has frequently been mentioned as a leading CEO candidate.
Reuters reported in October three top-20 Microsoft shareholders wanted Gates to resign, arguing he'll block the company's next CEO from making needed changes.
MSFT +0.4% AH