Bill Gates Leaving Microsoft in 2008

Bill Gates has announced today that he’s to start preparing to leave his full time work as Chairman of Microsoft beginning July 2008. The reason? He wants to prioritize his work for his Bill & Melinda Gates Foundation.

This was announced two years in advance because Gates believes that it would give Microsoft enough time for a strong transition and it would be best to provide full transparency regarding this matter.

Microsoft, a company founded by Paul Allen and Gates in 1975, has Steve Ballmer as the CEO since 2000 and will have Chief Technical Officer Ray Ozzie taking over Gates’ current position come 2008.

In his announcement, Bill Gates also said that he won’t really be staying away from the company as he will still work part-time for Microsoft although most of his efforts will be shifted to his foundation that focuses on poverty issues and global health.

Hopefully, this announcement will not affect Microsoft negatively, especially at this pivotal time when the company’s “packages software dominance is being challenged by Google and Yahoo.”

Via Forbes

Bill Gates has announced today that he’s to start preparing to leave his full time work as Chairman of Microsoft beginning July 2008. The reason? He wants to prioritize his work for his Bill & Melinda Gates Foundation.

This was announced two years in advance because Gates believes that it would give Microsoft enough time for a strong transition and it would be best to provide full transparency regarding this matter.

Microsoft, a company founded by Paul Allen and Gates in 1975, has Steve Ballmer as the CEO since 2000 and will have Chief Technical Officer Ray Ozzie taking over Gates’ current position come 2008.

In his announcement, Bill Gates also said that he won’t really be staying away from the company as he will still work part-time for Microsoft although most of his efforts will be shifted to his foundation that focuses on poverty issues and global health.

Hopefully, this announcement will not affect Microsoft negatively, especially at this pivotal time when the company’s “packages software dominance is being challenged by Google and Yahoo.”

Via Forbes