New York, USA (CU)_ Microsoft announced that Indian-American Satya Nadella, the company’s CEO, will assume the dual role of chairman of the board of Microsoft, succeeding independent director John Thompson. Microsoft’s press release stated, “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 appointment occurred following a uniform vote of…