Microsoft's product chief to leave tech giant - report (update)
David Becker/Getty Images News

Microsoft's (NASDAQ:MSFT) Chief Product Officer Panos Panay is leaving the company effectively immediately, Bloomberg News reported.
Rajesh Jha, executive vice president of the experiences and devices group, informed about Panay's departure in an email to employees on Monday, according to the report.

Jha added that Yusuf Mehdi will take up part of Panay's role.
Panay had been with Microsoft since 2004 and was key to the tech giant's hardware efforts in his role heading the Surface computer division and recently leading the Windows unit, the report added.
Bloomberg added that Panay is slated to join Amazon (AMZN), where he will be replacing former device chief, Dave Limp, who stepped down last month.
Both Microsoft (MSFT) and Amazon (AMZN) are slated to hold product events this week.
Microsoft and Amazon did not immediately respond to requests for comments from Seeking Alpha.


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