Bill Gates, the man who started Microsoft and has been its public face throughout its three decades of existence, plans to step away from daily work at the company.
After 32 years of competition and acquisition, Gates managed to ruffle some feathers, while still making some famous friends. After the end of this month, Gates plans to spend only 20 percent of his time as a Microsoft chairman. The rest of his time will be devoted to the Bill & Melinda Gates Foundation and other pet projects.
Microsoft’s Chief Technical Officer Ray Ozzie will immediately assume the title of chief software architect, Gates said. In addition, Craig Mundie, CTO for advanced strategies and policy, 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.
Gates said that he will work side-by-side with Ozzie throughout the transition period, but that a year from now, Ozzie and Mundie will begin reporting directly to Ballmer.
Gates explained that he has been working part time for the Bill & Melinda Gates Foundation and full time for a company that has made him the richest man in the world, and he wished to reverse those priorities.