Tuesday, October 1, 2013

Bill Gates Asked to Step Down as Microsoft Chairman

Reuters reports that 3 of the top 20 Microsoft investors are pushing for Bill Gates to resign as chairman.
The three investors are concerned that Gates' presence on the board effectively blocks the adoption of new strategies and would limit the power of a new chief executive to make substantial changes. In particular, they point to Gates' role on the special committee searching for Ballmer's successor.
Exclusive: Time for Gates to go, some top Microsoft investors tell board | Reuters

The article says there is no sign that Gates will actually be forced out, but it surely is a sign of serious trouble at Microsoft.

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