Microsoft has chosen its new CEO: Satya Nadella

Well, looks like Stephen Elop didn't get the job after all. Earlier this morning, Microsoft announced that its CEO search has come to an end. The company's board has named Satya Nadella as the successor to Steve Ballmer and Bill Gates. The nomination is "effective immediately."

Satya Nadella. Source: Microsoft.

A 22-year Microsoft veteran, Nadella was the head of the company's server and tools business before last year's reorg, which saw him become chief of Microsoft's new cloud and enterprise group. Microsoft says Nadella has "spearheaded major strategy and technical shifts" during his career, "most notably the company’s move to the cloud and the development of one of the largest cloud infrastructures in the world supporting Bing, Xbox, Office and other services."

In his first e-mail to employees as CEO, Nadella hinted at a renewed focus on the cloud and on mobile applications. "As we look forward, we must zero in on what Microsoft can uniquely contribute to the world," he wrote. "The opportunity ahead will require us to reimagine a lot of what we have done in the past for a mobile and cloud-first world, and do new things."

In related news, Bill Gates now has a new title: Founder and Technology Advisor. (Before today, Gates served as the company's Chairman.) Gates plans to "devote more time to the company, supporting Nadella in shaping technology and product direction," according to Microsoft's press release.

The search for a new CEO began last August, when Ballmer announced that he would retire within 12 months. Subsequent reports suggested that Ballmer's exit was precipitated by the company's board—and that Gates, a longtime advocate of Ballmer's, did little to help Ballmer stay on.

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