Economy
Microsoft CEO Satya Nadella Is ‘The Person Of The Year’
Satya Nadella, the Chief Executive Officer of Microsoft, has been named as the ‘person of the year’ by two leading publications of the world — Financial Times and Fortune.
The 52-year-old Indian American business executive has earned a place among the gods of tech, thanks to the multinational technology giant’s financial success under him.
Microsoft posted strong results topping quarterly sales and profit projections, fueled by steady demand for cloud-computing services and a surprisingly strong Windows business. Riding on the success, Nadella – who’s base salary of a little over $2.3 million – took home a whopping $42.9 million, reported Bloomberg earlier this year.
“By the end of November (2019), the total return generated for Microsoft shareholders during his near-six year tenure passed $1tn. Contrast that with the moment when he took over as only the third CEO in Microsoft’s history, and the software company looked like it might be on the fast track to technological irrelevance,” writes Financial Times in it’s article.
Riding on the success, Microsoft now plans to make a comeback in phone business. It also invested $1 billion in a partnership with research group OpenAI, gaining a prominent cloud-computing customer from the artificial intelligence field.
Originally from Hyderabad in India, before being named the CEO in February 2014, Nadella held leadership roles in both enterprise and consumer businesses across the company.
Joining Microsoft in 1992, he quickly became known as a leader who could span a breadth of technologies and businesses to transform some of Microsoft’s biggest product offerings.
One of the great privileges of my job is meeting people who are applying technology to have an impact. As I reflect on 2019, here’s a look at 10 people who inspired me by exemplifying how technology can be used to create new opportunity for everyone. https://t.co/kYFwjPlXEl
— Satya Nadella (@satyanadella) December 18, 2019
Before joining Microsoft, Nadella was a member of the technology staff at Sun Microsystems.
Nadella earned a bachelor’s degree in electrical engineering from Mangalore University, a master’s degree in computer science from the University of Wisconsin – Milwaukee and a master’s degree in business administration from the University of Chicago.
He also serves on the board of trustees to Fred Hutchinson Cancer Research Center and his alma mater the University of Chicago, as well as the Starbucks Board of Directors.
-
Magazines2 months agoOER – September 2025 Issue
-
Alamaliktistaad Magazines1 month agoAlam Al Iktisaad – September 2025 Edition
-
News1 month agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
-
News2 months agoCent Capital, AI Finance App by ex-AWS Strategist ‘The Beast of Bay Area,’ Launches to End Financial Anxiety, Hits $1M AUM
-
News2 months agoOman Inaugurates ‘Hadatha’ – Its All-New Cybersecurity Center
-
Banking & Finance1 month agoOman Arab Bank Highlights Its Ongoing Strategic Initiatives and Future Plans
-
News1 month agoIEA Expects Global Oil Market to Remain Oversupplied in 2026
-
Energy1 month agoWLGA Middle East LPG Summit & Expo 2025 to be held at OCEC on November 10 and 11
