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Bill Gates to step aside

  • 16-06-2006 12:28am
    #1
    aidan_walsh
    Closed Accounts Posts: 17,208 ✭✭✭✭


    ... but Balmer remains :(

    Gates to Step Aside, Focus on Philanthropy
    Microsoft Chairman and Chief Software Architect Bill Gates is planning to leave in 2008 the company he founded 31 years ago, in order to focus on his philanthropy work.

    Gates said June 15 he will remain as chairman and doesn't "see a time when I'm not chairman of the company."

    "It's not a retirement. It's a reprioritization," said Gates, who said he plans to focus his time on the Bill & Melinda Gates Foundation.

    Gates, 50, started Microsoft in 1975 with childhood friend Paul Allen. He took Microsoft public in 1986 and was the company's chairman and CEO until 2000, when Steve Ballmer took over as CEO. In 2000, Gates and his wife formed the Bill & Melinda Gates Foundation, which now has assets of $29.1 billion.

    With Gates out of the day-to-day role, Ray Ozzie and Craig Mundie, two chief technology officers at the company, will step up. Ozzie will take on the title of chief software architect and Mundie will become chief research and strategy officer.

    During the transitional period, Gates said he will increasingly take a back seat to Ozzie, who joined the company in April 2005 when Microsoft acquired Groove Networks. Prior to founding Groove, Ozzie was the founder and president of Iris Associates, where he created and led the initial development of Lotus Notes. Gates said Ozzie will work with him on all "architecture and product oversight responsibilities."

    Mundie will work with Gates to take over the responsibility for the company's research and incubation efforts, and will partner with general counsel Brad Smith to guide Microsoft's intellectual property and technology policy efforts. Mundie joined Microsoft in 1992 to create and run the consumer platforms division. He also helped start Microsoft's digital TV efforts. Previously, Mundie directed Microsoft's advanced strategies and policy department, focusing on security, privacy, telecommunications regulation, IP and software procurement standards.


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