Insider Has More Chance Of Becoming Next CEO At Microsoft Corporation (NASDAQ:MSFT)

Posted by Chris Bell December 16, 2013 0 Comment 2196 views

Microsoft Corporation (NASDAQ:MSFT) is yet to announce the name of its next Chief Executive Officer and there are lots of speculations surrounding the same as whether the software giant would prefer a company insider or will bet on an outsider to bring in the fresh perspective for the struggling tech giant.

Some the prominent names that are discussed the most among the contenders of Microsoft Corporation (NASDAQ:MSFT)’s next CEO are Satya Nadella, Microsoft’s head of cloud services; Tony Bates, Executive Vice President of Business development, Strategy and evangelism at Microsoft; Stephen Elop, former Nokia Oyj CEO; Alan Mulally, Ford Motor Company (NYSE:F)’s CEO; and Steve Mollenkopf, QUALCOMM, Inc. (NASDAQ:QCOM)’s COO recently named CEO.

The Shortlisting

In a strategic move, QUALCOMM, Inc. (NASDAQ:QCOM) announced Steve Mollenkopf to be its next CEO on December 12, 2013. Earlier Bloomberg reported, citing people familiar with the matter, that Microsoft Corporation (NASDAQ:MSFT)’s board is considering Mollenkopf as a potential replacement of its current CEO Steve Ballmer.

Alan Mulally is also considered out of race given his lack of technology experience as well as his age of nearly 70 years. Even last week, when asked by reporters about his plans to remain Ford Motor Company (NYSE:F)’s CEO, Mulally told “I love serving Ford.”

Moreover, Bloomberg also reported that eBay Inc. (NASDAQ:EBAY) CEO John Donahoe and once VMware, Inc. (NYSE:VMW)’s CEO Paul Maritz have already declined to be considered in this race.

Insiders’ Opportunity

In given circumstances, the insiders Satya Nadella and Tony Bates have likely chances of being considered among final list of Microsoft Corporation (NASDAQ:MSFT)’s next CEO contenders. A native of Hyderabad, India, Nadella has been with Microsoft for more than two decades where he has also been responsible to drive the transformation of the business from client-server software to cloud services. Tony Bates has been with Microsoft for couple of years and possesses over 25 years of experience in the Internet and telecommunications industries.

About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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