Former CEO of McAfee now Microsoft executive vice president of business development

Microsoft announced Christopher Young as its executive vice president of business development. Young will report directly to Microsoft CEO Satya Nadella and will be responsible for Microsoft's global business development.

Young is the former CEO of McAfee and led that company's transition into a standalone company apart from Intel. He also previously held senior leadership positions at Cisco, VMware, RSA, and AOL.

Nadella said of Young:

I've known Chris for many years and have admired his accomplishments as a leader. His experience and skills are an invaluable addition to our company and the senior leadership team. We know that for our customers and partners, the next decade of economic growth will be defined by the digital investments made today. With Chris' leadership, the Business Development team will continue to be a key accelerant for our partnerships and new growth opportunities.

Young's responsibilities will include "leading the evaluation and execution of strategic partnership opportunities, including alliances, venture investments and joint ventures that align with corporate strategy," according to a Microsoft news post.

Young shared his thoughts in the same news post:

The pace of change in our world is accelerating, and technology-driven experiences that are more connected, interactive and intelligent are the drivers. It is great to be joining Microsoft, to help lead this transformation in the way we work and live.