Report: Microsoft Picks New CEO, May Replace Gates as Chairman
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Additionally,the company's board is considering replacing Bill Gates as chairman, according to Bloomberg, citing sources.
Nadella is currently the chief of Microsoft's enterprise and cloud business. Nadella emerged weeks ago as one of the candidates to replace departing CEO Steve Ballmer, according to Bloomberg, citing sources familiar with the search.
Microsoft was slightly higher in after-hours trading,extending gains from the regular session Thursday.
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