The tech giant announced that its co-founder wants to spend more time on his philanthropic initiatives.
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Bill Gates resigned from the Board of Directors of Microsoft Corp. , a company he founded in 1975 and for which he was still a technology advisor. This was announced in a statement by the technology giant where he stressed that the billionaire wants to spend more time on his philanthropic activities that include global health, development, education and climate change .
“It has been a great honor and privilege to have worked and learned from Bill over the years. Bill founded our company with a belief in the democratizing strength of software and a passion for solving society's most pressing challenges. And Microsoft and the world are better for it. The board has benefited from Bill's vision and leadership. And Microsoft will continue to take advantage of Bill's continued technical passion and advice to power our products and services. I am grateful for Bill's friendship and look forward to continuing to work alongside him to realize our mission of empowering every person and every organization on the planet to achieve more, ”said current Microsoft CEO Satya Nadella in a statement.
Gates, who will remain Nadella's technology advisor, had already partially left control of the company on June 27, 2008 to focus on the Bill and Melinda Gates Foundation. Since then, he served as Microsoft's chairman of the board until February 4, 2014.