Exit Gates – Goodbye Uncle Bill
Wednesday, June 25, 2008Two days from now, Microsoft chairman Bill Gates will officially retire, leaving the largest software corporation and most profitable company in the world in the hands of Steve Ballmer.
During the thirty years he ran Microsoft, Gates managed to change the world on more than one occasion. Now he wants to save it. Once considered the world’s richest person, Gates has donated much of his considerable wealth to the Bill and Melinda Gates Foundation, the global charity he founded and now plans to lead.
Though Gates will be leaving the executive offices he will remain active on the board of Microsoft and retain his 9% stake in the company. He will also take part in special initiatives and company priorities such as its quest to compete in web search.
While Ballmer takes over many of Gates administrative responsibilities, Ray Ozzie is widely viewed as the person to take over Gates duties as chief software engineer, a position Gates has held since Microsoft’s earliest days.
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