Microsoft Narrows CEO Search, Shortlist Includes Nokia's Stephen Elop
In addition to those five, there are at least three names from within Microsoft’s own ranks that are options for the big chair, including Tony Bates, former Skype CEO who is now in charge of Microsoft’s business development, and Satya Nadella, who runs Microsoft’s cloud and enterprise areas.
Stephen Elop
Reuters says that the first draft of the list included some 40 names, so the fact that we’re down to eight candidates means that there’s been some progress made by the Board of Directors-appointed special committee directing the hire.
Mulally’s credentials include turning around a deeply struggling Ford company in just a few years and weathering the federal bailout in 2009. Elop is an intriguing candidate because he worked for Microsoft until 2010 until he left to head up Nokia--a company that sold its handset business to Microsoft, effectively marrying the two companies’ futures.

Retiring Microsoft CEO Steve Ballmer
The committee could appoint a new CEO at any time, although they’ll have to make a decision before Ballmer takes his leave from the company in August 2014.