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Microsoft Investors Call For Bill Gates To Step Down As Chairman

rjmarvin writes "Now that Ballmer is on his way out, flak for Microsoft's middling stock prices and lagging mobile innovation is starting to land on Bill Gates himself. Three of the company's top 20 investors are lobbying the Board of Directors, pressing Gates to step down as chairman. The stockholders believe his presence would handcuff the next CEO's ability to re-make the company with new strategies and sweeping changes. They also think Gates wields a disproportionate amount of power relative to his financial stake and day-to-day activity within the company. No word yet from Gates or the board on this internal strife."

6 of 218 comments (clear)

  1. they are ignoring the REAL POWER at Microsoft by swschrad · · Score: 4, Funny

    Clippy is actually running the joint.

    --
    if this is supposed to be a new economy, how come they still want my old fashioned money?
    1. Re:they are ignoring the REAL POWER at Microsoft by Anonymous Coward · · Score: 3, Funny

      "I see you are trying to run the company, would you like help with that?" -Clippy 2013

    2. Re:they are ignoring the REAL POWER at Microsoft by swamp_ig · · Score: 3, Funny

      "I see you are trying to ruin the company, would you like help with that" - FTFY

  2. Re:Power grab by armahillo · · Score: 3, Funny

    Yeah, just imagine... they'd put profits over quality and the product would start to suck and its advertising would feel really patronizing, with lots of glitzy flash but little substance.

    Man, I can't even imagine a world where Microsoft operated that way.

  3. Re:Or prevent them... by fahrbot-bot · · Score: 3, Funny

    I'm pretty sure that large-scale shareholders consider small scale shareholders to be sort of like krill. Numerous; but not really worth much except to be filtered out and devoured in numbers large enough to be tasty.

    They're also a good source of Omega-3s...

    --
    It must have been something you assimilated. . . .
  4. Re: Bill Gates' response: by Anonymous Coward · · Score: 5, Funny

    Vampires beware!