I can understand how investors would want someone that’s full time in this role. Smaller companies tend to have chairman’s that sit on several boards, but the Cisco, HP and IBMs of the world tend to have full-time Chairman/CEOs.
Is it times for Bill Gates to go? Apparently some Microsoft shareholders think so.
For the 13 years since Gates ceded his CEO slot, he stayed on as chairman of the company he co-founded but spent the bulk of his time on philanthropic endeavors. During that time there was nary a whisper of complaint about that arrangement. No longer. Three of Microsoft’s top 20 major shareholders think Gates’ time is up, according to Reuters which did not name the discontented parties.
If true, this is big news since there are many inside and close to Microsoft who would love to see Gates back as CEO, now that Steve Ballmer has said he plans to leave that post within the year.
The gist, from Reuters;
The three investors are concerned that Gates’ presence on the board effectively blocks the adoption of new strategies and would limit the power of a new…
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