Yesterday’s announcement by Microsoft that insider Satya Nadella would take over as CEO hardly seemed to inspire investors. The company’s stock price barely budged, no doubt in part because Nadella had been the rumored frontrunner, but also perhaps because he was widely seen as the “safe” choice. But does that imply that an outsider CEO would be better for Microsoft? The evidence says otherwise.
Microsoft and the Case for the Insider CEO
Insiders might not excite Wall Street, but their track record is superior.
February 05, 2014