Bill Gates announced he will be stepping down from the boards of both Microsoft and Berkshire Hathaway. In an official statement, the entrepreneur and philanthropist noted his founding of Microsoft forty years ago alongside co-founder Paul Allen and the his work with Berkshire Hathaway alongside Warren E Buffet. The statement went on to say the tech luminary would be stepping away to focus on “philanthropic priorities” at the Bill & Melinda Gates Foundation.
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“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.”
You can read the statement in full on LinkedIn.