Microsoft's CEO search could be nearing its end. According to a Re/Code report, which cited anonymous sources, the company may finally announce its new CEO next week, and Satya Nadella, VP of Microsoft's Cloud and Enterprise group, appears to be the most likely candidate for the job.

Nadella holds a Master of Science degree in Computer Science from the University of Wisconsin-Milwaukee, a Master of Business Administration from the University of Chicago, and a Bachelor of Engineering in Electronics and Communication from the Manipal University (India). He joined Microsoft back in 1992, and has held a variety of roles since then.

Many believe that Nadella would be fit for the job because being an insider, he is already familiar with the organization, which is an important skill considering the fact that Microsoft is too complex an organization for any outsider. Apart from this, he has a strong technical background, and has been least controversial.

The company has been looking for a new CEO for nearly six months. According to the report, Microsoft employees aren't doing anything but waiting for the announcement. "No one knows what the new CEO will want, so no one knows what to do.", said one high-ranking executive.

High-profile outsiders Ford CEO Allan Mullaly and Ericsson CEO Hans Vestberg have already pulled out of the race.