Musical Chairs Among Microsoft ExecsMusical Chairs Among Microsoft Execs

Microsoft has promoted senior VPs Bill Veghte and Satya Nadella -- two of a dozen more promotions intended to help the company continue its online transformation.Veghte oversees Microsoft's Windows business and is now taking on strategy, sales and marketing for Windows Live, MSN and Live Search. Nadella will now lead engineering for Microsoft's search and advertising business as well as its MSN group.

According to information, "together with recently acquired aQuantive exec Brian McAndrews, Nadella and Veghte will play key roles in Microsoft's growing battle with Google for online ad dollars and in Microsoft's transformation if and when the company acquires Yahoo."

A number of changes in Microsoft's entertainment and devices division, which includes mobile software and devices, indicates the growing importance in those areas to the company. In addition, three execs are also leaving Microsoft, including Steve Berkowitz, for whom Veghte takes over.information