The quest to find the new CEO of one of the most powerful technology companies in the world, Microsoft, is apparently down to two potential men, according to a new report from Bloomberg. One of the men is already working for the company, and another is a CEO of a different multi-billion dollar company.

The two men labeled by unnamed sources as the frontrunners for retiring CEO Steve Ballmer's job are Alan Mulally and Satya Nadella. Mulally is the CEO of Ford Motor Company and Nadella already works for Microsoft as the executive vice president of Microsoft's Cloud and Enterprise group. These two men appear to be the frontrunners for the position; however nothing is locked in as Microsoft's search committee still interviews candidates and deliberates on the matter.

While Mulally and Nadella appear to be the top two choices, the sources close to the search process acknowledge that the opinions of the committee are not set in stone and either or both candidates could still lose favor. Other people considered for the job but at this point are considered dark horses in the race include Microsoft's Tony Bates and Nokia's Stephen Elop.

Both Microsoft and Nokia remain silent on the matter, however Ford has issued a statement through Jay Cooney about the possibility of Mulally leaving the company and going to Microsoft:

"There is no change from what we announced last November...Alan remains completely focused on executing our One Ford plan. We do not engage in speculation."

Steve Ballmer announced in August 2013 that within a year he planned on retiring from his post, and Microsoft has claimed that they wish to announce the next CEO of the company before the year is through. However, the position as heir to Ballmer may remain unfilled in 2014 unless a candidate is able to distance him or herself from the pack. Microsoft chairman and co-founder Bill Gates announced at a shareholders meeting that the committee had met on Nov. 18 to discuss their choices, but did cautiously say that "it's a complex role to fill."

Microsoft not only faces an uncertain future with the change in CEO, but as a company as a whole. The once massive company has suffered somewhat due to their focus on PC's, which have grown less popular as more users turn to mobile platforms for their computing needs. The new CEO will have to weather this storm and make sure the company is able to adapt to their changing tech landscape.