MSFT - Microsoft's GitHub names product chief as new CEO

There's a change in place at the top of Microsoft's (NASDAQ:MSFT) GitHub subsidiary as its chief executive, Nat Friedman is moving aside. Friedman will be replaced by Thomas Dohmke, GitHub's current chief product officer. Friedman, who has been GitHub's CEO since shortly after Microsoft (MSFT) acquired it in 2018 for $7.5 billion in stock, will become GitHub's chairman emeritus. Dohmke will take over at GitHub's CEO on Nov. 15. Friedman said that to date, more than 73 million developers use GitHub, and the business counts 84% of the Fortune 100 as customers. At Microsoft (MSFT), GitHub provides software that developers and programmers use for storing source code. The company gets its name from "git", which is a type of software used to tracking changes in sets of files and often used in source code development. One of GitHub's top competitors, GitLab (NASDAQ:GTLB), went public in October in an IPO that

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Microsoft's GitHub names product chief as new CEO