Bill Gates leaves Microsoft, leaves board of directors

Mark Wood 1

Bill Gates leaves Microsoft: Entrepreneur Bill Gates announced Friday that he is leaving the board of Microsoft. Microsoft the technology giant he founded in 1975. He founded with Paul Allen, who died in 2018 at age 65. He helped to establish Microsoft 45 years back yet underlined that he needed currently to fill in as technology advisor.

Bill Gates leaves Microsoft
Bill Gates leaves Microsoft

The 64-year-old businessman, he emphasized that his decision is because he now tries to devote more time to his philanthropic activities, education, contribute to global health, climate change, and technological development. 

Through his statement, he revealed that he would leave the board of directors of Berkshire Hathaway, the investment company he shared with the American banker Warren Buffett.

Bill Gates said that he looked forward to that next phase, as an opportunity to maintain the partnerships and friendships that had meant the most to him, continued to contribute to two companies of which he was especially proud. 

In announcing this move, Gates said the company will always be an essential part of his life’s work and that he will remain committed to its leadership and development.

Bill Gates at Microsoft

In 2000, he resigned from the post of the CEO position and made Steve Ballmer as a CEO. 

Gates moved from the post of CEO of Microsoft in 2008, and until before his announcement, he confined his activities to participating on the board of directors of the technology company.

Until 2014, he functioned as chairman of Microsoft’s board of directors. Presently he has resigned entirely from the organization.

Bill Gates has been slowly selling his shares in the company to many other investors. The majority of which managed by BlackRock, and The Vanguard Group, as well as many other individual investors.

While, together with his wife, he created the Bill and Melinda Gates Foundation, which they dedicated to fighting diseases. And also many other humanitarian challenges and increasingly capturing their attention.

Also Read:

Trump Coronavirus: President Trump Declared National Emergency

Bulgaria declares a state of emergency due to the coronavirus

Follow us on Social Media

One thought on “Bill Gates leaves Microsoft, leaves board of directors

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Coronavirus COVID-19 Mexico: Massive gatherings canceled in Mexico

Coronavirus COVID-19 Mexico: On Friday night, Mexican health authorities said that the quantity of proved Coronavirus cases, raised to 26. One day earlier, this number of confirmed cases was 15. The overall number of tests that are performed to verify the Coronavirus cases is 475.  Secretary under the health department “Hugo López-Gatell” asked […]
Coronavirus COVID-19 Mexico