Gates is stepping away so he can focus on his philanthropic projects, CBS News reported.
Bill Gates is stepping down from the board of Microsoft, the software giant he helped found more than four decades ago https://t.co/vszKOTE1Gc
— The New York Times (@nytimes) March 14, 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 wrote in a LinkedIn post. "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."
Gates left his day-to-day role at Microsoft in 2008 and served as the board's chairman until 2014, the Times reported. He co-founded Microsoft in 1975 with Paul Allen, CBS News reported.
"It's been a tremendous honor and privilege to have worked with and learned from Bill over the years," Microsoft CEO Satya Nadella said in a statement. "Bill founded our company with a belief in the democratizing force of software and a passion to solve society's most pressing challenges. And Microsoft and the world are better for it."
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