A report by Reuters reveal that three top investors in Microsoft wants Bill Gates to move out of the company. The reason being that his presence stops the company from adopting new strategies:
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 chief executive to make substantial changes. In particular, they point to Gates’ role on the special committee searching for Ballmer’s successor.
Moreover, this will be so hard for Mr. Gates to leave the company.
Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.
Read the entire report on Reuters now.