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  1. #1
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    Time for Gates to go, some top Microsoft investors tell board

    Will be some big changes at MS if Bill gets pushed.

    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 the matter.

    While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company's performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

    A representative for Microsoft declined to comment Tuesday.

    There is no indication that Microsoft's board would heed the wishes of the three investors, who collectively hold more than 5 percent of the company's stock, according to the sources. They requested the identity of the investors be kept anonymous because the discussions are private.

    Gates owns about 4.5 percent of the $277 billion company and is its largest individual shareholder.

    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.

    They are also worried that Gates who spends most of his time on his philanthropic foundation wields power out of proportion to his declining shareholding.

    Gates, who owned 49 percent of Microsoft before it went public in 1986, sells about 80 million Microsoft shares a year under a pre-set plan, which, if continued, would leave him with no financial stake in the company by 2018.

    Gates lowered his profile at Microsoft after he handed the CEO role to Ballmer in 2000, giving up his day-to-day work there in 2008 to focus on the $38 billion Bill & Melinda Gates Foundation.

    In August, Ballmer said he would retire within 12 months, amid pressure from activist fund manager ValueAct Capital Management.

    Microsoft is now looking for a new CEO, though its board has said Ballmer's strategy will go forward. He has focused on making devices, such as the Surface tablet and Xbox gaming console, and turning key software into services provided over the Internet. Some investors say that a new chief should not be bound by that strategy.

    Microsoft is still one of the world's most valuable technology companies, making a net profit of $22 billion last fiscal year. But its core Windows computing operating system, and to a lesser extent the Office software suite, are under pressure from the decline in personal computers as smartphones and tablets grow more popular.

    Shares of Microsoft have been essentially static for a decade, and the company has lost ground to Apple Inc. and Google Inc. in the move toward mobile computing.

    One of the sources said Gates was one of the technology industry's greatest pioneers, but the investors felt he was more effective as chief executive than as chairman.
    http://www.nbcnews.com/business/time...ard-8C11316003[/FONT]
    Last edited by Bitbydeath; 10-02-2013 at 08:18.

  2. #2
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    I don't think board members should be able to push owners of companies!
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  4. #3
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    Has Gates really restricted the company so much that it would merit him being forced out of his own company?
    Be polite, be professional, but have a plan to kill everybody you meet.




  5. #4
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    Poor Gates, I can only see Microsoft going down hill from here. In the very near future we could see a world with no Microsoft at all, who honestly needs em?

    - Symmetrical thumb sticks for life -

  6. #5
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    Quote Originally Posted by mickice View Post
    Poor Gates, I can only see Microsoft going down hill from here. In the very near future we could see a world with no Microsoft at all, who honestly needs em?
    Enterprise. And for competition's sake, we all do.

    Don't think it's realy Gates' fault is it? Isn't it more to do with Ballmer now?
    Be Together - Not the same.



  7. #6
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    Quote Originally Posted by mickice View Post
    Poor Gates, I can only see Microsoft going down hill from here. In the very near future we could see a world with no Microsoft at all, who honestly needs em?
    If Microsoft goes away then Office suite goes away right? I have no idea what word processor I would use. Besides Word I honestly don't know what others exist. I use Office for everything.

    Don't ever found a company because eventually you'll be kicked out with no stake in that company. Noted.

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  8. #7
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    Wait i thought Gates left MS and moved into Working with Charities
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  9. #8
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    Quote Originally Posted by podsaurus View Post
    If Microsoft goes away then Office suite goes away right? I have no idea what word processor I would use. Besides Word I honestly don't know what others exist. I use Office for everything.

    Don't ever found a company because eventually you'll be kicked out with no stake in that company. Noted.
    Open Office, Google documents? C'mon man, Microsoft knew this day would come that's why they have tried to stop open source and free software for years now.

    100% of what Microsoft creates software wise has been replicated in some usable form, if the Linux based SteamOS really takes off windows will be used far less for gaming and not at all for some.

    - Symmetrical thumb sticks for life -

  10. #9
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    Quote Originally Posted by mickice View Post
    Open Office, Google documents? C'mon man, Microsoft knew this day would come that's why they have tried to stop open source and free software for years now.

    100% of what Microsoft creates software wise has been replicated in some usable form, if the Linux based SteamOS really takes off windows will be used far less for gaming and not at all for some.
    I know Google documents but I've honestly never heard of Open Office. I don't know how either works but aren't docs in Google docs saved on some server somewhere? They aren't on your computer. If something were to happen to the Google server then I can't access my stuff.

    I'm not going to insist on using Office if something better comes along but it's on all the computers at school so it's easy for me to use. I'm used to Office so I haven't used anything else.

  11. #10
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    If I were Bill Gates I would be sacking the investors someone else is bound to come along in some form or another who would be willing to invest in Microsoft.

    Windows is still a massive global power especially in big business.

    I would put this to the investors "What have you done to make this company more investable"
    Sent from my computer using keyboard.

  12. #11
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    openoffice is no longer under development. There is a fork called libreoffice which is.
    http://en.wikipedia.org/wiki/LibreOffice
    WOOF! WOOF!

  13. #12
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    Quote Originally Posted by claud3 View Post
    Wait i thought Gates left MS and moved into Working with Charities
    no he didn't left



  14. #13
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    Are you sure you want to force the boss out

    YES OR NO

    Plato and Aristotle, a detail of The School of Athens, a fresco by Raphael. Aristotle gestures to the earth, representing his belief in knowledge

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