Microsoft announced Thursday that chairman and chief software architect Bill Gates will be taking a reduced role in the company in July 2008. Gates will leave the day-to-day role in the company he founded in order to focus on the charitable work of The Bill & Melinda Gates Foundation.
Though Gates' move won't come for another two years, two leaders at the company, chief technical officers Ray Ozzie and Craig Mundie, are taking new roles right away.
Effectively immediately, Ozzie is the company's chief software architect, and Mundie is Microsoft's chief research and strategy officer.
"I've decided that two years from today I will reorder my personal priorities," Gates said in a surprise press conference. But, he emphasized that he "will work full time for Microsoft for another two years. This gives us time to make a strong transition," Gates said. "I believe we can make this transition without missing a beat."
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Tech retailer study shows consolidation drives server upgrades
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