Bill Gates is leaving Microsoft and Berkshire Hathaway's boards

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Bill Gates is leaving Microsoft and Berkshire Hathaway's boards
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Bill Gates is stepping down from the boards of Microsoft and Berkshire Hathaway. Microsoft announced that its 64-year-old co-founder was leaving its board to 'dedicate more time to his philanthropic priorities.'

In a press release Friday, Microsoft announced that its 64-year-old co-founder was leaving its board to"dedicate more time to his philanthropic priorities.""It's been a tremendous honor and privilege to have worked with and learned from Bill over the years," Mirosoft CEO Satya Nadella said in a written statement."Microsoft will continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward.

Read MoreChenault simultaneously is leaving Facebook's board of directors, the company confirmed Friday. The 68-year-old has served on Facebook's board since 2018, after his retirement as chairman and CEO chairman and CEO of AMEX.In a written statement posted on Facebook's website Friday, Chenault said serving on Berkshire Hathaway's board and working closely with his friend, Berkshire CEO Warren Buffett, is"a once-in-a-lifetime opportunity.

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