Microsoft Corporation (NASDAQ:MSFT) internally announced the appointment that its corporate vice president, Scott Guthrie was promoted to interim chief of Cloud and Enterprises, according to the spokesperson of the company as reported by ZDNet.
The report indicated that Microsoft Corporation (NASDAQ:MSFT) will likely make Guthrie’s appointment as executive vice president of Cloud and Enterprises permanent, but the company did not make any official statement regarding the matter.
In a rare interview with Harvard Business School that was published online earlier this month, (it has since been taken down) value investor Seth Klarman spoke at length about his investment process, philosophy and the changes value investors have had to overcome during the past decade. Klarman’s hedge fund, the Boston-based Baupost has one of Read More
Satya Nadella, the new CEO of Microsoft Corporation (NASDAQ:MSFT) previously led the Cloud and Enterprises unit.
Guthrie joined the software giant as program manager in 1997. Since then, he held several positions in the company such as corporate vice president of the .Net platform in the Developer division. In 2011, he spearheaded the Azure Application platform team of the Business Platform division of Microsoft Corporation (NASDAQ:MSFT).
Nadella encourages employees to bring more innovations
Nadella sent his first e-mail to the employees of Microsoft Corporation (NASDAQ:MSFT) as CEO. Nadella told employees that his appointment on Tuesday was a “very humbling day” as it reminds him of his first day in the company more than two decades ago.
He emphasized that he chose to work at Microsoft Corporation (NASDAQ:MSFT) because he believed that it was the best company in the world. According to him, “I saw then how clearly we empower people to do magical things with our creations and ultimately make the world a better place. I knew there was no better company to join if I wanted to make a difference. This is the very same inspiration that continues to drive me today.”
Going forward, Nadella said their next step together is to “believe in the impossible and remove the improbable.” He paraphrased a quote from Oscar Wilde.
According to him, “This starts with clarity of purpose and sense of mission that will lead us to imagine the impossible and deliver it. We need to prioritize innovation that is centered on our core value of empowering users and organizations to “do more.” We have picked a set of high-value activities as part of our One Microsoft strategy. And with every service and device launch going forward we need to bring more innovation to bear around these scenarios.”
ValueAct’s comments on Nadella’s appointment
Meanwhile, G. Mason Morfit, president of ValueAct Capital, expressed enthusiasm regarding the appointment of Nadella as the new CEO of Microsoft Corporation (NASDAQ:MSFT). According to Morfit, “As an active contributor to the CEO search process, I have spent a lot of time with Satya and he is clearly the best choice to lead the company. I look forward to working with Satya, Chairman John Thompson and the rest of the Board of Directors to create value for all shareholders.”