December 23, 2024 05:30 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait
UNI

Bill Gates leaves Microsoft board as he plans to focus on philanthropy

| @indiablooms | Mar 14, 2020, at 09:42 am

Washington/UNI: Microsoft co-founder Bill Gates is stepping down from its board of directors in order to focus more on his philanthropic work, the company announced.

"Microsoft Corp announced that co-founder and technology advisor Bill Gates stepped down from the company’s Board of Directors to dedicate more time to his philanthropic priorities including global health, development, education and his increasing engagement in tackling climate change," Microsoft said in a statement on Friday.

The statement said Gates, 64, will continue to be advisor for Microsoft CEO Satya Nadella and other officials with the company.

Announcing his latest move, Mr Gates said the company would "always be an important part of my life's work" and he would continue to be engaged with its leadership, BBC reported.

"I am looking forward to this next phase as an opportunity to maintain the friendships and partnerships that have meant the most to me, continue to contribute to two companies of which I am incredibly proud, and effectively prioritise my commitment to addressing some of the world's toughest challenges, " Gates said.

In 2008, Gates began to focus on his philanthropic organization, the Bill and Melinda Gates Foundation, when he transitioned out of his day-to-day role at Microsoft.

The couple were named the most generous philanthropists in the US in 2018 by the The Chronicle of Philanthropy, after giving 4.8bn dollar to their foundation the previous year.

Now the world's second-richest person worth 103.6 billion dollar, Gates founded Microsoft in 1975 with Paul Allen, who died in 2018.

Gates remained as Microsoft CEO until 2000 when he was succeeded by Steve Ballmer. He stepped down as director of the board in 2014.  

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia Mar 22, 2023, at 08:26 pm