We’ve heard from a few sources that Microsoft was poised to announce a new CEO ‘by the end of January’ and sure enough, we’re at that point with one day left. Bloomberg is reporting, with high confidence, that current executive VP of Microsoft’s Cloud and Enterprise Group, Satya Nadella, is being prepped for that CEO position, replacing Steve Ballmer.

What’s more, the report goes on to claim that the company is replacing Bill Gates as chairman with Microsoft lead independent director, John Thompson.

Nadella was often cited as a rising star within the company, though admittedly he may lack the headline grabbing news of other potential candidates. Born in India, the 47 year-old has a strong academic pedigree, attaining a Bachelors of Engineering in Electronics and Communication, Computer Science M.S. from University of Wisconsin, and an MBA from the prestigious University of Chicago. He joined Microsoft in 1992 after a stint at Sun Microsystems, working his way up through the ranks to attain his current position at the Cloud and Enterprise Group.

You can hear about Nadella's vision in this Le Web video interview with him, which is definitely worth your time.

The push of Bill Gates out as Chairman may also have dramatic repercussions too, as board members have often expressed a desire to oust both Ballmer and Gates in exchange for new blood. It looks like they may finally get their way.

All of this is still unconfirmed, though Bloomberg appears confident in the report. Spokesman for Microsoft, Frank Shaw, declined to comment for their article.

We’ll update this story accordingly.

Source: Bloomberg