Microsoft names CEO Satya Nadella as chairman

FILE PHOTO: Satya Nadella, Chief Executive Officer of Microsoft, reacts as he attends Microsoft's 'Young Innovators' Summit' in New Delhi, India February 26, 2020. REUTERS/Anushree Fadnavis

(Reuters) -Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.

Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax.