

Ballmer to leave its board, while others have called on it to sell off its Bing search service and other assets to focus more on the lucrative market for corporate software and services. The shuffling of Microsoft’s leadership may not appease the company’s skeptical investors, many of whom favor a firmer break with the past. Thompson said in a video, “one of my key contributions, I hope, will be to engage with shareholders and keep focused on how together we can bring great innovation to the market and drive strong long-term shareholder value.” Microsoft last year averted a showdown with one such investor, ValueAct, in an agreement that is expected to result in one of ValueAct’s partners joining the Microsoft board. The company is eager to avoid a public tussle with activist shareholders, who seem to be focusing more of their energies on technology companies.

He has yet to prove himself, however, in areas like mobile, which Microsoft must get right in order to stay relevant in technology. Nadella has managed some of the company’s most lucrative businesses. With degrees in computer science and engineering, and a solid track record from running Microsoft’s cloud computing and corporate software groups, Mr. Gates was said to strongly favor in candidates for the chief executive job. Nadella, 46, comes with the kind of technical bona fides that Mr. Gates in his move does not seem to portend any sort of power grab, as happened at Apple in the late 1990s with Steven P. And while he is tilting back to the company, Mr. Gates has practically worn out his voice dismissing questions about whether he wants to come back to run the company’s day-to-day operations. Since limiting his role to chairman six years ago, Mr. Gates remained chief software architect until 2008.) The tension between the two men, good friends since their college days, eventually subsided when Mr. In his first year as chief executive, Mr. Gates turned over the title of chief executive to Steven A. One precedent is the last and only other chief executive transition at the company, in 2000, when Mr.
