Bill Gates to step down from Microsoft, Berkshire Hathaway boards

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Bill Gates to step down from Microsoft, Berkshire Hathaway boards
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Bill Gates stepping down from Microsoft, Berkshire Hathaway boards

Microsoft Corp.

co-founder Bill Gates is stepping down from the boards of the software company and of Berkshire Hathaway Inc. BRK.A, +6.25% [brk.b], according to a press release and a filing late Friday. Microsoft said in a statement that Gates will dedicate more time to philanthropy, and continue to serve as technology adviser to Chief Executive Satya Nadella. With Gates's departure, Microsoft's board will have 12 members.

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