 Bill Gates to leave day-to-day M$ operations |
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| Bill Gates to leave day-to-day M$ operations |
 Jun 15 2006, 03:24 PM
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#1
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 Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20  |
http://edition.cnn.com/2006/US/06/15/gates.ap/
QUOTE REDMOND, Washington (AP) -- Microsoft Corp. Chairman Bill Gates announced Thursday that he will transition from day-to-day responsibilities at the company he co-founded to concentrate on the charitable work of the Bill & Melinda Gates Foundation.
Gates will continue on as the company's chairman after transferring his duties over a two-year period. "This was a hard decision for me," said Gates, who founded the world's largest software company with childhood friend Paul Allen. "I'm very lucky to have two passions that I feel are so important and so challenging. As I prepare for this change, I firmly believe the road ahead for Microsoft is as bright as ever." Microsoft's Chief Technical Officer Ray Ozzie will immediately assume Gate's title as chief software architect and begin working alongside Gates on overseeing all software technical design. Chief Technical Officer Craig Mundie will immediately take the title of chief research and strategy officer and will work with Gates in those areas. Mundie also will partner with general counsel Brad Smith to guide Microsoft's intellectual property and technology policy efforts. The news was announced after financial markets closed. Earlier, shares in Microsoft rose 19 cents, or 0.87 percent, to close Thursday at $22.07 on the Nasdaq Stock Market. Shares gained 5 cents in after-hours trading. -------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Jun 15 2006, 03:26 PM
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#2
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 Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
so he's gonna make billions while sitting on his ass now instead.
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Jun 15 2006, 03:29 PM
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#3
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Group: Members Posts: 706 Joined: 22-February 06 From: Lubbock, TX Member No.: 20 |
QUOTE (impala454 @ Jun 15 2006, 03:26 PM) so he's gonna make billions while sitting on his ass now instead. Uh no, he's going to put his time into his charity, which has assets of $30 billion dollars. -------------------- Beers that I have had, updated July 5th, 2009: 1,548
My Beer List "Patriotism is the last refuge of the scoundrel" - Samuel Johnson "I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ" - Mahatma Gandhi |
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Jun 15 2006, 03:41 PM
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#4
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
so... how's he not going to still be making billions? It just sounds like a kinda retirement to me.
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Jun 15 2006, 03:57 PM
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#5
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 From Atlantis to Interzone Group: Global Moderators Posts: 2,512 Joined: 23-February 06 From: Somewhere in space and time Member No.: 65 |
Wasn't Gates supposed to leave the day-to-day ops of MS a long time ago anyway?
-------------------- QUOTE (Spectatrix @ Oct 13 2006, 09:51 PM)  Holy shit, pebkac, you're awesome! "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Theodor Seuss Geisel (AKA Dr. Seuss) "An idea that is not dangerous is unworthy of being called an idea at all." - Oscar Wilde |
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Jun 15 2006, 04:44 PM
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#6
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Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 |
either way i doubt he contributes much anymore except in presentations and such
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Jun 15 2006, 10:29 PM
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#7
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 Group: Moderators Posts: 885 Joined: 22-February 06 From: Lubbock, Texas Member No.: 12 |
hes still gonna make alot of money because of all his stock.
But i hope he does some good with his charitable foundation. |
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Jun 15 2006, 11:47 PM
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#8
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 Group: Moderators Posts: 2,499 Joined: 23-February 06 From: El Paso Texas Member No.: 32 |
....
the mutherfucker is sooo rich it'd be damn near impossible for him to go broke work or no work he could sit at home, jack off every hour on the hour, and make more money in 24 hours than i would in my lifetime -------------------- |
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