Microsoft sales chief Althoff gets new role as CEO of company’s commercial business

Microsoft sales chief Althoff gets new role as CEO of company’s commercial business


President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena in Seattle, Washington, on April 23, 2015.

Mat Hayward | Getty Images

Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business.

Satya Nadella, Microsoft’s CEO, wrote in a memo on Wednesday that marketing and operations will move under Althoff’s organization. Most of Microsoft’s revenue comes from commercial offerings such as productivity software subscriptions and cloud-based Nvidia chips for running artificial intelligence models.

“Our success depends on enabling commercial and public sector customers and partners to combine their human capital with new AI capabilities to change the frontier of how they operate,” Nadella wrote in the email. “To accelerate this, we will increasingly need to bring together sales, marketing, operations, and engineering to drive growth and strengthen our position as the partner of choice for AI transformation.”

Althoff, who joined from Oracle as president of Microsoft’s North America business in 2013, was already among Microsoft’s highest-paid executives, receiving more than $23 million in total pay in the 2024 fiscal year. His most recent title was executive vice president and chief commercial officer.

Under Nadella, who replaced Steve Ballmer as CEO in 2014, Microsoft has more frequently used the CEO title for select executives.

LinkedIn has had a CEO since Microsoft acquired the company in 2016. Last year, Microsoft hired Mustafa Suleyman, a co-founder of the DeepMind AI lab now owned by Google, and made him CEO of a group called Microsoft AI that includes Bing. GitHub, which Microsoft bought in 2018, had a CEO until last month, when Thomas Dohmke left the company.

WATCH: Cramer’s Mad Dash: Microsoft

Cramer's Mad Dash: Microsoft



Source

Jensen Huang says an incorrect nine-year-old prediction about AI shows why it won’t destroy jobs
World

Jensen Huang says an incorrect nine-year-old prediction about AI shows why it won’t destroy jobs

Nvidia CEO Jensen Huang appeared on an episode of The Joe Rogan Experience podcast on Wednesday. Ezra Acayan | Getty Images News | Getty Images Nvidia CEO Jensen Huang is more optimistic than those who predict AI will destroy people’s jobs, and he used a nine-year-old prediction to demonstrate why. During a wide-ranging conversation about […]

Read More
Bitcoin is down nearly 30% from its record high — history shows that’s normal
World

Bitcoin is down nearly 30% from its record high — history shows that’s normal

Justin Tallis | Afp | Getty Images Bitcoin‘s more than 30% drop from its record high underscores the volatility that has come to characterize the cryptocurrency. Moves from previous cycles not only show how the current price swings are all part of bitcoin’s normal operating pattern but also how they may often precede a rally, […]

Read More
CNBC’s Inside India newsletter: How a government app in India triggered a backlash over internet freedom
World

CNBC’s Inside India newsletter: How a government app in India triggered a backlash over internet freedom

MUMBAI, INDIA – SEPTEMBER 20: People take the selfie with the new IPhone 16 at the Apple store in Bandra-Kurla Complex during the first day of sale of the iPhone 16 smartphone on September 20, 2024 in Mumbai, India. Hindustan Times | Hindustan Times | Getty Images The report is from this week’s edition of […]

Read More