TECHNOLOGY

Microsoft Co-founder Bill Gates Steps Down From Company’s Board

He gave up the role of chairman at the same time Nadella became Microsoft's third CEO in 2014

Mumbai: Microsoft Co-founder Bill Gates stepped down from the company’s board of directors to spend more time on philanthropic efforts including global health, development and education, and tackling climate change.

Gates served as chairman of Microsoft’s board of directors until early 2014 and has now fully moved forward, according to the Redmond-based technology giant.

Gates, the world’s second-richest person, is also leaving the board of Warren Buffett-led Berkshire Hathaway. He, however, will remain a technology adviser to Microsoft CEO Satya Nadella.

“It is a great honour and privilege to work with and learn from Bill,” Microsoft CEO and company veteran Satya Nadella said in a release.

“Bill founded our company with a belief in the democratic power of software and a passion for solving society’s most pressing challenges, and Microsoft and the world are better for it.”

Nadella said Microsoft would continue to benefit from Gates’ “technical passion and advice” in his continued role as a technology consultant.

“I am grateful for Bill’s friendship and want to continue working with him,” Nadella said.

He gave up the role of chairman at the same time Nadella became Microsoft’s third CEO in 2014.

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