Microsoft's hunt for a new CEO continues and the latest buzz is that Ford's Alan Mulally and Microsoft's very own Satya Nadella are the frontrunners for the top job.
While Ford's CEO Mulally has been rumored to be in the top few choices to take over the helm from outgoing CEO Steve Ballmer, Bloomberg's sources have let on that Nadella is also a strong contender for the position.
"Microsoft Corp.'s board is focusing on Ford Motor Co. Chief Executive Officer Alan Mulally and internal executive Satya Nadella as part of a group of more likely candidates to become the next CEO of the world's biggest software company, according to people familiar with the matter," reports Bloomberg.
Per the publication's sources, who wish not to be identified as the deliberations are private, Nokia's ex-CEO Steven Elop is still being considered; however, he along with Microsoft's business development and evangelism chief Tony Bates are "considered less likely to be offered the job."
"Preferences remain fluid and other people are being considered and could emerge as front-runners, said one of the people, without identifying any," notes Bloomberg.
The hunt for a new CEO for Microsoft has been on since Ballmer announced his retirement earlier in August this year. A document prepared by the board describes the ideal candidate as having an "extensive track record in managing complex, global organizations within a fast-paced and highly competitive market sector; track record of delivering top and bottom line results. Proven ability to lead a multi-billion dollar organization and large employee base," people with knowledge of the document have said.
Earlier in November this year, Microsoft's chairman and co-founder Bill Gates revealed that the board had met and discussed the prospective CEO candidates. However, Gates did not disclose the names of the candidates who were under consideration.
"We've got a commitment to make sure the next CEO is the right person for right time for the company we both love," an emotional Gates told shareholders. "We share a commitment that Microsoft will succeed as a company that makes the world a better place."
Per Bloomberg, Microsoft's board aims to reach a decision on the new CEO by 2013 itself. However, per one of the sources "an announcement could be pushed back until early next year."
