REDMOND, Wash. -- Microsoft has named Satya Nadella, an executive in charge of the company s small, but growing business of delivering software and services over the Internet its new CEO.

Company founder Bill Gates is also leaving the chairman role for a new role as technology adviser.

Nadella, who is 46, replaces Steve Ballmer and becomes only the third leader in the software company s 38-year history.

Nadella, a 22-year Microsoft veteran, has been an executive in some of the company s fastest-growing and most-profitable businesses, including Office and its server and tools business.

The company says Gates new role will be as a technology adviser on the board and that he will devote more time to the company. John Thomson will be the company s new chairman.
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