Bill Gates to Step Down From Daily Duties at Microsoft
Bill Gates to Step Down From Daily Duties at Microsoft
by , 5:30 PM EDT, June 15th, 2006
Microsoft Corp. on Thursday announced that co-founder Bill Gates will step down from his daily duties in July 2008, so that he can focus on non-profit work. He will also continue to serve as the company's chairman and as an advisor on key projects, according to the Wall Street Journal (subscription required).
At a press conference, Mr. Gates characterized the decision as "a hard one for me to make," but, he added, "I know Microsoft is well-positioned for success ahead." Chief Technical Officer Ray Ozzie will immediately step into Mr. Gates' current role as chief software architect, while CTO Craig Mundie will become chief research and strategy officer.
Mr. Gates co-founded Microsoft in 1975 and embarked on charitable work with his wife, Melinda, in 2000, the same year he stepped down as CEO in favor of Steve Ballmer. The Bill & Melinda Gates Foundation currently has US$29.1 billion in assets.
Recent TMO Headlines - Updated August 23rd
- Fri, 1:38 PM
- Tim Cook, Taylor Swift, and Cleaning Apple Cards – TMO Daily Observations 2019-08-23
- Fri, 11:15 AM
- YouTube Cancels Accounts Showing Hong Kong Protests
- Fri, 10:41 AM
- Taylor Swift 'Lover' on Apple Music
- Fri, 10:14 AM
- One Day at Disney Trailer Flies Into View
- Fri, 10:00 AM
- Don't Let Your Kids Download These Apps
- Fri, 9:45 AM
- Emmanuel Macron Says its Crazy That Apple Gets Tax Haven
- Fri, 9:15 AM
- Walmart Sues Tesla Over Solar Panel Fires
- Fri, 9:00 AM
- 50 Attorney Generals and 12 Carriers Want to End Robocalling
- Fri, 8:45 AM
- NSA Wants Congress to Reauthorize Section 215 Permanently
- Fri, 8:30 AM
- This Real-Time Map Shows You the Amazon Forest Fires
- Fri, 8:15 AM
- Ruby 11 Libraries Found to Contain Backdoors
- Fri, 8:00 AM
- Study Claims iPhone 7 Exceeds Radiation Limit
