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Friday, June 16, 2006

Bill Gates to retire in 2008

Microsoft Corp. today announced that effective July 2008, Bill Gates will be transitioning away from his day-to-day role at Microsoft, and will hand his chief software architect role over to CTO Ray Ozzie. Steve Ballmer is expected to remain CEO, and Gates will remain chairman. Apparently, Mr. Gates wanted to retire early so that he could spend more time on his global health and education work at the Bill & Melinda Gates Foundation.

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