iNDICA NEWS BUREAU–
Microsoft’s Indian-origin CEO Satya Nadella has been named CEO of the Year by media network CNN. “In 2023, the company’s (Microsoft) CEO Satya Nadella made a multi-billion dollar investment in AI, commercialized and added AI tools like ChatGPT into its suite of products before rivals, and stunned industry onlookers with his ability to handle a crisis quickly, calmly and thoughtfully,” wrote CNN in its analysis of Nadella’s performance this year.
“Under his leadership,” CNN said, “the company is re-emerging as a tech innovator after years of riding the success of Windows. Wall Street has noticed, too: Microsoft’s stock is up 55% this year. That’s why CNN Business’ staff chose Nadella as the CEO of the Year, beating out other contenders including Chase CEO Jamie Dimon, OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang.”
CNN chose American pop music sensation Taylor Swift as the Business Leader of the Year for her record-shattering Eras tour and her emergence as one of the most astute businesspersons of this generation.
“Nadella’s background doesn’t entirely fit the Ivy League dropout archetype of Silicon Valley,” CNN said. “Born in India, Nadella came to the US in the late 1980s to pursue a master’s in computer science at the University of Wisconsin-Milwaukee, later receiving an MBA from the University of Chicago Booth School of Business.”
It added, “Nadella’s standout performance is a culmination of his work from prior years. He joined the company in 1992 as an engineer, at a time Microsoft was characterized by regulators as a monopoly.”
“When he was promoted to CEO nearly 10 years ago, Microsoft had developed a reputation for being slow to adapt to major trends, such as mobile. Fast forward to now and tech companies are lining up to partner with Microsoft and align with its mission to commercialize artificial intelligence for the masses.”
“In Nadella’s 2017 book, “Hit Refresh: The Quest to Rediscover Microsoft’s Soul and Imagine a Better Future for Everyone,” he wrote about his experience reworking everything internally, team by team and product by product, so Microsoft would be better set up for employees to collaborate with others.”
Microsoft CEO Satya Nadella named ‘CEO of the Year’ by CNN
