Microsoft investors want Bill Gates to step down as chairpersonCiprian on Monday, October 7, 2013
Three of the twenty largest investors in Microsoft are driving for the company’s co-founder and front man, Bill Gates to be ousted as chairman due to concerns of him wielding too much influence over the company.
The three investors previously mentioned hold more than 5% of the company’s stock, while Gates himself owns 4.5% of the company and is its largest individual shareholder.
Sources have reported that key shareholders are pushing Microsoft’s board for Gates to step down. They are concerned that, in this role, Gates is preventing the adoption of new strategies and also that he will limit the ability of the next-appointed CEO to make changes.
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