Top Microsoft Investors Want Bill Gates to Step Down as Chairman

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News Posted: Wed, Oct 2 2013 9:36 AM
Since Steve Ballmer is stepping down from his role as Chief Executive Officer of Microsoft, the Redmond software giant is getting a bit of a fresh start, and depending on who takes his place, the company will get a fresh new perspective, as well. However, some feel that Ballmer's departure isn't enough; they want co-founder Bill Gates to step away, too.

Citing "people familiar with the matter," Reuters is reporting that three of the top 20 shareholders in Microsoft are collectively urging the board to encourage Gates to step down as chairman. Those three shareholders represent a 5 percent stake in the company, though it doesn't appear the board feels particularly pressured by their request.

Bill Gates

It's an interesting proposition, to say the least. Gates is an iconic figure, one that's well liked and respected in the industry. Many would even welcome his return as CEO if he chose to go that route (he won't), so the request to oust him as chairman is a tad surprising, though not shocking..

As far as the three anonymous investors are concerned, Gates serves as a potential roadblock to new strategies and policies that an incoming chief might try to implement. They don't even like Gates' role on the special committee tasked with finding a new chief to begin with.

What do you think, should Gates step down during what's considered a rebuilding period, or is his leadership and experience exactly what's needed?
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Gates is my boy. He should stay.

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RBloch replied on Wed, Oct 2 2013 11:18 AM

He has a majority stake in the company, so it's not their call . He founded the company, they should be ashamed to ask.

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Considering Gates still is the single largest holder of stock in MSFT and holds as much stock as the three who want him gone, I don't see this happening.

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JKrueck replied on Wed, Oct 2 2013 11:24 AM

People forget their place. Need to send some henchmen to their houses.

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ECouts replied on Wed, Oct 2 2013 1:07 PM

Why? Does he hate the direction Microsoft is going as well?

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Why don't they ask Michael Dell how things worked out when he stopped running the company he founded ...and if Steve Jobs was still around he might tell a similar story.

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Bill should go back to being CEO.

Also, in my humble opinion, he should go back to living off pizza, rejecting the importance of silverware, coding all night, sleeping on the floor, taking over control panels on airport runways, and driving Porsches through the desert at inappropriate rates of speed.

And at that point he should morph the sinking Windows ship into a version of Linux that my grandparents could use. That way, his legacy to the world can include an operating system that can stand the test of time.

And then he should become president and recover his Porsche 959 that was seized by customs. And, concurrently, he should finish his undergraduate degree at Harvard while disbanding the NSA, legalizing the first and fourth amendments, and replacing the War on Terror with a National Toga Party Emergency.

Bill, if you are reading this, you should seriously consider it. Go for the glory.

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