Microsoft investors trying to bar Gates from chairman post:
Microsoft investors trying to bar Gates from chairman post:
Three top Microsoft shareholders are trying to remove Bill Gates as Chairman saying he’s preventing necessary strategy changes to the company he founded. The company is currently looking for a new CEO, and the investors are saying Gates’ presence is making finding a successor for Steve Ballmer difficult, and the success of a potential replacement unrealistic. Gates still owns 4.5% of Microsoft worth $277B, which is enough to be the largest shareholder. Gates recently denied returning to the company as CEO, saying his philanthropic duties require most of his time. However, it seems he is not quite ready to give up his chairmanship of the company he founded.