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Photos: Microsoft announces Gates stepping down

Steve Ballmer and Bill Gates explain how Microsoft will manage the two-year transition process.

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Topic: Microsoft
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1 of 2 Bill Detwiler/ZDNet

Ballmer and Gates

Steve Ballmer and Bill Gates announced at a press conference on Thursday afternoon that Gates will gradually step down from his duties at Microsoft.

"I remain fully committed and full-time at Microsoft through June 2008 and will be working side-by-side with Ray (Ozzie) and Craig (Mundie) to ensure that a smooth transition occurs," said Gates.

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2 of 2 Bill Detwiler/ZDNet

Gates

During his announcement, Gates explained that he has been working part-time for the Bill & Melinda Gates Foundation and full-time for a company that has made him the richest man in the world, and he wished to reverse those priorities.

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