ROUGH CUT (NO REPORTER NARRATION)<br /> <br />Microsoft Corp named 22-year company veteran Satya Nadella as its next chief executive officer on Tuesday (February 4), and said co-founder Bill Gates would step down as chairman and advise the new CEO on technology, marking an epochal change of control at the company that drove the PC revolution.<br /> <br />Nadella, a 46-year old born in India who led the creation of Microsoft's Internet-based, or "cloud" computing services, is only Microsoft's third CEO in 39 years, taking over from Steve Ballmer, who inherited the job from Gates in 2000.<br /> <br />The move ends a five-month search process at the Redmond, Washington-based company, triggered by the August announcement of Ballmer's decision to retire. That was longer than many investors had expected.<br /> <br />Gates said Nadella's experience in cloud computing made him the right man to lead Microsoft, as the company struggles to find its feet in the new arena of mobile computing.<br /> <br />As he relinquishes the
