Microsoft executive Chris Young steps down as business development and strategy leader

Chris Young, a seasoned professional in the technology industry, recently announced his resignation as one of Microsoft’s top executives in business development and strategy. Young, who brought his expertise to Microsoft in 2020, is stepping down from his role as the executive vice president of business development, strategy, and ventures. Despite his resignation, Young will continue to work with the company through a transition period until the end of March.

While the Securities and Exchange Commission filing did not specify the reason for Young’s departure, Microsoft expressed gratitude for his contributions over the past four years. During his tenure, Young led numerous strategic partnerships, cultivated a culture of innovation, and established a foundation for the company’s future growth. Microsoft spokespersons hinted that Young may have exciting new opportunities ahead, prompting them to support his decision to pursue new endeavors.

As one of Microsoft’s key executives, Young played a crucial role in shaping the company’s corporate strategy, forging strategic partnerships, and overseeing venture investments. He collaborated closely with business and product teams to address and support Microsoft’s strategic requirements. Young’s departure leaves a gap in Microsoft’s leadership team, as he was among the top five highest-paid executives alongside CEO Satya Nadella, President Brad Smith, CFO Amy Hood, and Chief Commercial Officer Judson Althoff. In 2024, Young received a total compensation of $12 million, which included salary and stock.

Chris Young’s resignation comes at a pivotal time for Microsoft, as the company continues to navigate the ever-changing landscape of the technology industry. While his specific role will be transitioned to other leaders within the organization, his impact and legacy at Microsoft will undoubtedly endure.

Overall, Chris Young’s departure from Microsoft marks the end of a significant chapter in his career and opens up new opportunities for both him and the company. As he embarks on a new journey, his tenure at Microsoft will be remembered for his strategic vision, leadership in business development, and his role in shaping the company’s growth trajectory. Young’s successor will have big shoes to fill as they navigate the evolving technology landscape and continue to drive Microsoft’s success in the years to come.