Summary
"This was a hard decision for me," said Gates, who founded the world's largest software company with childhood friend Paul Allen. "I'm very lucky to have two passions that I feel are so important and so challenging. As I prepare for this change, I firmly believe the road ahead for Microsoft is as bright as ever."
Microsoft's chief technical officer Ray Ozzie will immediately assume Gates' title as chief software architect and begin working with Gates on overseeing all software technical design.Gates, 50, and Allen started Microsoft in 1975. He took Microsoft public in 1986 and was the company's chairman and CEO until 2000, the year he and his wife formed the Bill & Melinda Gates Foundation, whose assets now total $29.1 billion US.See the full content of this document
Extract
Bill Gates to Step Down in 2008
By Allison Linn
REDMOND, Wash. -- Microsoft Corp. chairman Bill Gates said yesterday he will transition from day-to-day responsibilities at the company to concentrate on the cha...See the full content of this document
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