Under the title of founder and technology adviser, Gates will devote more of his time to the company, "supporting Nadella in shaping technology and product direction." John W. His vision for how technology will be used and experienced around the world is exactly what Microsoft needs as the company enters its next chapter of expanded product innovation and growth."Īs Nadella takes the CEO post, Gates is transitioning from his previous role as chairman, which he had held since 1981, into a new position on Microsoft's board.
"Satya is a proven leader with hard-core engineering skills, business vision and the ability to bring people together. "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella," said Gates, founder of Microsoft, in a press release today. He is only the third CEO in Microsoft's 39-year history, following Bill Gates and Ballmer. Indian-born Nadella, 46, has been with the company for 22 years, and most recently served as the executive vice president of its Cloud and Enterprise division. The announcement confirms recent reports indicating that Microsoft was set to promote Nadella to the top position. In 2010, the Estonian president bestowed on him the Order of the White Star, fifth class.Microsoft's long search for a new boss is over: The company's board of directors has named Satya Nadella its new CEO, effective immediately, which means that current CEO Steve Ballmer is retiring early. When Skype was sold to eBay in 2005 for $2.6bn, it became the first unicorn – a privately held startup company valued at over $1bn – founded in Estonia.Īfter the sale of Skype, the four Estonian founders set up a private asset management company, Ambient Sound Investment.Īnnus also invested privately in a number of companies across the world and was very active in Asia, especially Singapore. This new communications startup that became wildly popular worldwide soon helped create a new philosophy of business and aspired both fellow Estonians and world citizens. Skype was launched in Estonia in 2003, by two Scandinavian entrepreneurs, Danish Janus Friis, and Swedish Niklas Zennstrom, and by four Estonian developers – Ahti Heinla, Priit Kasesalu, Jaan Tallinn and Annus.Īnnus played a major role in managing the first Skype office in Tallinn and overseeing the engineering and core peer-to-peer network team. She added that the funeral service will be held privately among his family and the closest ones. “I inform you with the utmost sadness that last weekend, on 12 July, our beloved husband, dad, entrepreneur and investor, Toivo Annus, succumbed to an unexpected illness,” his widow announced via press statement on July 13. His widow was quoted by Estonian press as saying that her husband died suddenly on Sunday, July 12 of an unexpected illness. Toivo Annus, a prominent Estonian entrepreneur and engineer, who was known as one of the founders of Skype, a global telecommunications application, has died suddenly at the age of 49.
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