BRA.vo!! Bill Gates finally face the AXE in Microsoft

matamafia

Alfrescian
Loyal
Joined
Aug 14, 2008
Messages
1,856
Points
48
Big-hitter investors want Gates out as Microsoft chairman
Reuters report claims three of the firm's top 20 investors fear Gates will block hiring the kind of CEO they think Microsoft needs
By Gregg Keizer
October 2, 2013 01:30 PM ET

Microsoft chairman Bill Gates.
Computerworld - A trio of the top 20 investors in Microsoft, anxious about the selection of the company's next CEO, have asked the board to push Bill Gates out of his chairman's spot, according to a report by Reuters.
The likelihood of the board bending to the investors' wishes is slim -- very slim, said one analyst. "The chance that Gates is pushed out is about the same as Congress reopening the government today," said Jack Gold of J. Gold Associates, in an interview Wednesday.http://m.computerworld.com/s/articl...nvestors_want_Gates_out_as_Microsoft_chairman

Really Bra.vo not Bra.less
 
I wonder how Bill gates will get overthrown,,but I wonder what the board is doing by keeping Steve Ballmer in his position for soo long and letting apple and google leap frog it on mobiles. And of course the win 8 fuck up,,,wonder if Bill and Steve are a faggot couple that is why steve is 'protected'.
 
That would be unthinkable for Bill gates to be ousted !
 
Nothing is going to help. Microsoft will end up as another Kodak, IBM or General Motors.
 
When people found out that Steve Balmer was being shown the door, the price of Microsoft share went up.:eek:
Did the same thing happened with the Bill Gates news:confused:
 
<section class="header fsMobileOff fsTabletOff"> <section class="inner15 line" id="contentHeader"> Microsoft Investors Want Bill Gates Out as Chairman

By Kevin Parrish<time datetime="2013-10-02" itemprop="datePublished">October 2, 2013 10:14 AM</time> - Source: Reuters | B 35 comments






<tbody>
</tbody>



</section></section><article id="news-content" class="content innerB20 line vibrantContent KonaBody">Three investors want Gates out as chairman of the board, and are making waves.

bill-gates,Q-M-363838-1.jpg

Reuters reports that three of the top twenty Microsoft investors want Bill Gates to step down as chairman of the board, and are lobbying other board members to put pressure on the Microsoft co-founder. However sources claim that there's no indication the company board will actually heed the wishes of these three investors.

The news isn't all that surprising given the company is entering into a new era of devices and services. The news also arrives after CEO Steve Ballmer said last month that he is taking an early retirement within the next twelve months. Gates has been one of Ballmer's biggest supporters since he handed the CEO reigns to Ballmer back in 2000.


According to the sources, the three investors are concerned that the presence of Bill Gates, who co-founded the company 38 years ago, could block the adoption of new strategies, and limit the new CEO's power to make substantial changes. They're also worried about Gates' role on the special committee for seeking out a new CEO.

Currently Gates is the company's largest individual shareholder, owning about 4.5 percent of the $277 billion company. He owned 49 percent of Microsoft before it went public in 1986, and is now selling about 80 million Microsoft shares a year under a pre-set plan. By 2018, he is expected to have no financial stake in the company.
That said, shareholders are worried that Gates currently wields too much power, that this power is out of proportion to his declining shareholding. Of course, he is a co-founder, chairman of the board and former CEO, but sources point to his philanthropic foundation that consumes most of his time. Maybe it's time for Gates to let go and let the company flourish or wither and die on its own.
While Microsoft searches for a replacement for Ballmer, the company is gearing up to launch Windows 8.1 later this month, followed by the Surface 2 and Surface Pro 2 tablets and the highly-anticipated Xbox One. Windows Phone 8.1 is expected to arrive in the spring along with another Windows 8 update, Modern UI apps for Office, and the Surface 2 LTE model.

Microsoft's shift to a devices and services company is in response to losing ground in the mobile arena to Google and Apple. The decline in the desktop market also pushed the company to design a platform that fits both the desktop and mobile form factors, and a Windows platform that works on the two leading architectures: ARM and x86. Sources claim that the Windows platform will become more unified across all devices this spring.

The Microsoft insiders told Reuters that although Bill Gates is one of the technology industry's greatest pioneers, he was more effective as a CEO than as the chairman of the board.

http://www.tomshardware.com/news/microsoft-bill-gates-chairman-investors-resign,24506.html </article>
 
Back
Top