The “Fast Money” traders debate what to do with Microsoft after it’s announced that Bill Gates will step down from the board.
Microsoft announced on Friday that Bill Gates is leaving the board, effective Friday. Gates is also stepping down from his position on the board of Berkshire Hathaway.
“I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change,” Gates said on LinkedIn. “The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step.”
“With respect to Microsoft, stepping down from the board in no way means stepping away from the company,” Gates said. “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 and how it can continue to benefit the world.”
Gates co-founded Microsoft in 1975 with Paul Allen, who died in 2018. Gates was CEO until 2000 when Steve Ballmer took over the role. Microsoft’s current CEO, Satya Nadella, took over in 2014. Gates was director of the board at Microsoft until 2014 but began dedicating more of his time to the Bill & Melinda Gates Foundation in 2008.
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
Xem thêm Bài Viết:
- Lộc Hàm, Ngô Diệc Phàm, Hoàng Tử Thao bị netizen Hàn cười nhạo vì cho rằng không đủ trình làm HLV✔
- Cung Nam Phương Hoàng Hậu – Đà Lạt
- iPhone 12 Flip – Crazy Concept
- Vì sao Hoàng đế Bảo Đại và Hoàng hậu Nam Phương ‘không thể cùng nhau suốt kiếp’?
- Hồng Môn Yến – Lê Minh, Phùng Thiệu Phong, Lưu Diệc Phi | Phim Hán Sở Tranh Hùng Chiếu Rạp