Microsoft Names Satya Nadella as Next CEO

Nadella, 46, joined Microsoft in 1992 and will be its third CEO after Bill Gates and Steve Ballmer.
3:00 | 02/04/14

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Transcript for Microsoft Names Satya Nadella as Next CEO
Microsoft has a new leading man the next CEO set to take over when Steve -- steps down. 46 year old -- and the -- has worked for the company 22 years most recently heading up its cloud computing business. He becomes a third CEO in the company's 38 year history. When I think about. The -- why am here. It is about impact. And in -- -- -- Pollard loads. Rich better -- what's a better place than Microsoft in terms of being able to take all of this. Human potential to be happy and a hundred -- 130 soon to be audited that he doesn't people. -- -- and apply it to a world that's rapidly becoming more -- -- And -- -- opportunities what fundamentally drives me and got me to take this you know raise my hand for this job. Mandela may be a tech guru but lots to read poetry because he says it's like a code and he likes to play cricket. Bill Gates will move from chairman to a new -- supporting the -- as founder of and technology advisor and will remain on Microsoft's board.

This transcript has been automatically generated and may not be 100% accurate.

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