Satya microsoftMicrosoft has announced today that Satya Nadella will serve as its third chief executive.

Nadella is Microsoft’s former cloud and enterprise head and his appointment makes it clear that cloud services will play a big role in Microsoft’s future.

Microsoft has also announced that founder Bill Gates will step down as chairman of the board and take on a new Technology Advisor role to “devote more time to the company.” John Thompson, who led the new CEO search, will take up the mantle as chairman of the board.

Nadella led the development of the company’s cloud services, which serves as the backbone for things like Office 365, Xbox Live, and Bing. One of Nadella’s big challenges going forward will be to help Microsoft regain some relevance in the mobile world. Windows Phone has inched its way towards being the third-place smartphone platform, but that was mainly due to BlackBerry’s implosion and success in European markets.

Below is his first interview as CEO.

Credit: VB