REDMOND, Wash., June 15 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT - News) today announced that effective July 2008 Bill Gates, chairman, will transition out of a day-to-day role in the company to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. The company announced a two-year transition process to ensure that there is a smooth and orderly transfer of Gates' daily responsibilities, and said that after July 2008 Gates would continue to serve as the company's chairman and an advisor on key development projects. Read the rest of the article at Yahoo Finance.
Ah yes, this story is all over the internet. Despite the new part-time roll for Bill, he'll still remain the most influential figurehead in the company.
