Bill Gates has stepped down from his role of Chief Architect and has set plans for his gradual retirement from Microsoft. He will remain a full-time employee for the next two years, but plans to start working part-time starting in July 2008. He plans to remain Chairman of the Company.
Gates has plans to continue with charity work after handing over control of the Company he co-founded to Balmer and Ray Ozzie, the current CTO, who has stepped up to fill the Chief Architect role.