Microsoft co-founder Costs Gates revealed that he is stepping down from the 2 Board of Director seats he holds, one on Warren Buffet's Berkshire Hathaway, and Microsoft. Gates made the announcement in a LinkedIn post, and Microsoft has actually likewise announced the modification in the Board in a news release.
Gates states that he is stepping down from Microsoft, not stepping away:
With regard to Microsoft, stepping down from the board in no chance indicates stepping away from the business. Microsoft will constantly be an important part of my life's work and I will continue to be engaged with Satya and the technical management to help form the vision and attain the business's enthusiastic objectives. I feel more optimistic than ever about the progress the company is making and how it can continue to benefit the world.
Gates led his company until 2008, when he turned over the CEO position to Steve Ballmer, however continued as Chairman of the Board and worked part time with the business. In 2014, Gates relinquished his Chairman seat however remained on the Board.
Gates and his partner Melinda have actually been active in their Costs and Melinda Gates Foundation, where Gates prepares to commit more energy and time to "humanitarian concerns consisting of worldwide health and development, education, and my increasing engagement in dealing with environment modification."