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“Gates to Focus More on Philanthropy”

The former CEO of Microsoft and co-founder, Bill Gates has stepped down from the board of Microsoft. He served as the chairman of the board of the company until the year 2014, and then he assumed the role of technical advisor to the company. Bill Gates is willing to spend more time on his philanthropic activities, which include development, global health, education, and addressing the dangers of climate change all over the world. Bill Gates has expressed his desire that he further wants to spend more time working at the Bill & Melinda Gates Foundation. However, he will continue serving as a technical advisor to Satya Nadella, who is the present CEO of Microsoft.

Meanwhile, Satya Nadella has expressed his gratitude for the contributions and leadership provided by Bill Gates to Microsoft. He said that he has felt honored and privileged to work with Bill Gates and for whatever he has learned from him. Nadella further said that Bill founded the company with a passion for solving the most crucial challenges of society by democratizing the forces of software. He makes Microsoft the best place to provide a solution to the world by innovating software technology. Satya Nadella also added in his statement that Bill Gates had provided the best leadership and vision to the company, and he will continue to serve the company by providing his valuable technical advice in the role of a professional advisor to the company. The company will continue to benefit from the reliable and honest technical information of Bill Gates to drive the services and products of the company forward. Nadella was also grateful for the friendship and trust that Bill Gates expressed to him and said that the company would continue to empower every organization and every person on the planet with its innovations to achieve more and more.

The independent board chair of Microsoft, John W. Thompson, said on behalf of the shareholders of the company that Bill Gates has always encouraged them to think big and to do even more significant. He has been an inspiration for everyone and leaving us with the enduring legacy of insight and curiosity that will continue to serve the company in doing more significant. He further said the contributions of Bill Gates to the company are innumerable, and he genuinely appreciated Bill Gates on behalf of all shareholders of the company.

The board of the company will be left with 12 members with the departure of Gates which includes John W. Thompson, the independent chair of Microsoft, Satya Nadella, CEO of Microsoft, Reid Hoffman, partner at Greylock Partners, Teri L. List-Stoll, executive vice president and chief financial officer of Gap, Inc; Hugh Johnston, Vice-chairman, and chief financial officer of PepsiCo, Sandra E. Peterson, Operating partner, Charles W. Scharf, chief executive officer and president of Wells Fargo & Co. Some other names include Emma Walmsley, Arne Sorenson, Penny Pritzker, etc. Meanwhile, the shares of Microsoft in the stock market has dropped enormously after Bill Gates announced he’s stepping down as the Microsoft chairman.

Source :- https://globalmcafee.com/bill-gates-stepping-down-from-microsoft-board/

Kellie Minton is an avid technical blogger, a magazine contributor, a publisher of guides at mcafee.com/activate and a professional cyber security analyst. Through her writing, she aims to educate people about the dangers and threats lurking in the digital world.

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