Steve Ballmer

The move came as Microsoft shares rose to a fresh record, bringing their total gain this year to 21%.

Ex-Microsoft CEO Steve Ballmer to get $1 billion for doing nothing. Here's how

A key factor behind Steve Ballmer earning $1 billion despite not contributing anything to Microsoft's growth is the company's decision to raise its quarterly dividend payout to 75 cents per share, which amounts of $3 per share, yearly.

This is how Satya Nadella reacted on being told that he is the new Microsoft CEO

Satya Nadella is only the third person to lead Microsoft besides co-founder Bill Gates and Steve Ballmer, since the company was founded in 1975.

Bill Gates's ex-assistant is now world's 5th-richest person. Microsoft co-founder is at 4

Steve Ballmer joined Microsoft in 1980 as assistant to the president and climbed through the ranks to become the CEO in 2000.

Gaffes of the great: Some of the biggest failed predictions about everything from the internet to Bitcoin

From Irving Fisher's bullish view of the US stock market in 1929 to Paul Krugman's prediction that Internet growth will slow down by 2005, these are the big bad predictions that give us hope.

Will Mukesh Ambani overtake his Stanford classmate Steve Ballmer to become world’s 5th richest?

Reliance chairman is just $3.4 billion short of becoming world’s 5th richest and RIL shares touched its 52-week high of Rs 1978.5 on Wednesday ahead of 43rd AGM as analysts upbeat about big-bang announcements.

4 India-born CEOs on Fortune Businessperson of the Year list

Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.

Stephen Elop, former Nokia CEO, to leave Microsoft

Elop, once considered a successor to former Microsoft Chief Executive Steve Ballmer, joined Microsoft to run its devices business following the company's acquisition of Nokia's handset business. The deal closed in 2014.

Microsoft's Nadella's pay tops $80 mn with big stock awards

The outsize number is mostly made up of the estimated value of certain one-time stock awards given to Nadella, who became the company's third CEO in February. Most of it Nadella cannot actually receive until 2019.

'Microsoft CEO Nadella to visit China amid antitrust probe'

It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China's antitrust regulators.

Nokia: India-born Rajeev Suri tipped to become next CEO

An announcement elevating Rajeev Suri may be made by March-end or April, when software giant Microsoft concludes the acquisition of Nokia's handset business, Finnish media reports suggest. After the acquisition, Nokia will be left with the telecom equipment, location-based services and advanced technologies business.

Buffett fails to dispel investor angst over succession plan

One problem for any successor is that Buffett, by dint of his long stewardship of Berkshire and the outperformance he has delivered over most of the past half century, has the freedom to make mistakes or underperform the stock market in ways that could cost other CEOs their jobs.

Nadella to get $1.2 mn salary; total package at $18 mn

46-year-old Nadella, who has been with Microsoft for 22 years, would also be eligible for a cash bonus, which can range from zero to 300 per cent, resulting into total payout of up to USD 3.6 million.

Microsoft hopes new, old leaders can rekindle magic

New CEO Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.

Honoured, humbled, excited: Microsoft CEO Nadella

Speaking of Nadella's appointment Bill Gates said: "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella."

Sundar Pichai also in fray for Microsoft top job

Sundar Pichai, the 42-year-old head executive for Google Chrome and Apps, is the “top choice” for the the position of Microsoft CEO and negotiations with him are on in full swing, SiliconANGLE, a media website that focuses on the technology industry, said.

India-born Satya Nadella may succeed Microsoft CEO

India-born senior Microsoft executive Satya Nadella is among the top two likely candidates whose name is being considered for becoming the next CEO of the world's biggest software company, replacing longtime chief executive Steve Ballmer.

Microsoft close to naming CEO, Ford's Mulally stays put

Sources familiar with the process said Microsoft is down to a "handful" of candidates, including one or more outsiders from the tech industry, former Nokia CEO Stephen Elop and insiders Satya Nadella and Tony Bates.

Microsoft narrows CEO shortlist; Mulally, Elop make the cut

The world's largest software maker also has at least three internal candidates on its shortlist, including former Skype CEO Tony Bates, who is now responsible for Microsoft's business development, and Satya Nadella, the company's cloud and enterprise chief.

Microsoft shareholders asked to vote against John Thompson

Proxy advisory firm Glass Lewis has recommended that Microsoft Corp shareholders vote against the re-election of lead independent director John Thompson.

Ballmer goes out punching at last Microsoft employee meet

Microsoft has a bright future, Ballmer said, echoing his theme from last week's meeting with Wall Street analysts.

Microsoft to pay more to keep top executives in CEO search

In August, Microsoft CEO Steve Ballmer announced his plan to retire within 12 months, setting off the company's search for a new leader. The board committee in charge of appointing the next CEO has said it will consider both internal and external candidates.

Microsoft CEO Ballmer bids emotional farewell

Ballmer, who in August said he planned to step down within 12 months, told investors and analysts in an annual meeting on Thursday that Microsoft had a bright future, despite missteps under his 13-year tenure.

Microsoft urged to put Mulally, Lawrie on CEO shortlist

The special committee of the board, which is conducting the CEO search, and its advisers have been meeting with shareholders after Ballmer's surprise decision late last month to retire within a year, the sources said. It could name a CEO as soon as the end of this year, the sources said.

Microsoft rank, file unsettled but optimistic about change

Since mid-July, three interlocking events - all of them considered highly unlikely six months ago - have unfolded in quick succession, unsettling Microsoft managers and employees and roiling its share price.