Fergie's Tech Blog

Bill Gates Stepping Down from Full-Time Microsoft Role

Scott Ard writes on C|Net News:

Bill Gates is transitioning out of his full-time role at Microsoft, the software giant that's been under pressure due to a sagging stock price, competition from Google and nagging delays in the Vista operating system.

In a press conference held Thursday after the stock markets had closed for regular trading, Gates announced that over the next two years he will gradually step away from his daily responsibilities at the company he co-founded some 30 years ago.

Microsoft's Chief Technical Officer Ray Ozzie will immediately assume the title of chief software architect, Gates said. In addition, Chief Technical Officer Craig Mundie will immediately take the new title of chief research and strategy officer and will assume Gates' responsibilities for the company's research and incubation efforts.

posted by Fergie @ 6/15/2006 02:00:00 PM