Bill Gates has announced that he is stepping down from Microsoft’s board of directors .
The big news were made on the Friday of March 13th in 2020.
“I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change,” Gates said on LinkedIn.
He added that it was the right time do it.
“The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step.”
He also clarified that he was not leaving Microsoft
“Microsoft will always be an important part of my life’s work and I will continue to be engaged with Satya and the technical leadership to help shape the vision and achieve the company’s ambitious goals. I feel more optimistic than ever about the progress the company is making and how it can continue to benefit the world.”
Gates became the CEO of Microsoft until 2000 when Steve Ballmer took over. Satya Nadella the current CEO took over the mantle back in 2014 from Steve Ballmer.
Gates co-founded Microsoft with Paul Allen in 1975. In 2018 Paul Allen died.
Since 2008, Gates began dedicating most of his roles at the board and would save more energy for their philanthropic organisation Bill & Melinda Gates Foundation