Indian-Born Satya Nadella Tops Fortune's 'Businessperson of the Year 2019' List

Delhi, November 20, 2019:

India-born Chief Executive Officer of Microsoft, Satya Nadella has topped in the Fortune's Businessperson of the Year 2019 list, an annual compilation that also includes Mastercard CEO Ajay Banga and Arista head Jayshree Ullal.

The list also includes Mastercard CEO Ajay Banga and Arista head Jayshree Ullal. Fortune's annual Businessperson of the Year list features 20 business leaders who achieved audacious goals, overcame impossible odds, found creative solutions.

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Banga is ranked 8th, while Ullal comes in at the 18th spot in the list for which Fortune looked at 10 financial factors ranging from a total return to shareholders to return on capital. Both Banga and Ullal are of Indian-origin. Fortune said, “Nadella never worked in finance, another training ground for CEOs. And his stature on the global stage was non-existent. What's more, having joined Microsoft in 1992, he was thoroughly steeped in a dog-eat-dog Microsoft culture that had contributed to the company's stagnation.”

“Key to his leadership style is a willingness to delegate,” particularly to three members of his management team -- president Brad Smith, who runs policy and legal affairs; Microsoft's chief financial officer Amy Hood and chief people officer Kathleen Hogan. Nadella said, “CEOs can only do what they do if they have an amazing team. I am blessed to have that.”

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On Banga, Fortune said that Mastercard has emerged as a poster child for how legacy players in financial services can embrace and adapt to a rapidly evolving environment. According to Fortune, Banga said, “For any company, or even for society, to succeed, we have to acknowledge that diversity is a key component in strength.

We have to surround ourselves with people who don't look the same and have had different experiences.” Fortune said since arriving from giant rival Cisco in 2008, Ullal has turned Arista into a specialized market leader in Ethernet switches and open-source cloud software.

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