Gates to spend more time with Bono

Microsoft announced today that Bill Gates will be transitioning out of his current role at Microsoft effective July 2008, though he will maintain an advisory role in a part-time capacity. After his departure, Gates plans to work full time on his chartable foundation, the Bill and Melinda Gates Foundation. Gates, his wife Melinda, and U2 lead singer Bono were jointly awarded Time's Persons of the Year in 2005 for the foundation's humanitarian efforts.

Speaking of the move, the webslinger richest man in the world had this to say:

"I believe with great wealth comes great responsibility - the responsibility to give back to society and make sure those resources are given back in the best possible way, to those in need ... It's not a retirement, it's a reordering of my priorities."

New responsibilities were also relegated to Ray Ozzie -- who will become chief software architect -- and Craig Mundy -- who will take on the role of chief research and strategy officer.

Mundy and Ozzie, realizing the comic nature of their names, plan to begin shooting a buddy comedy -- appropriately titled Ozzie and Mundy -- in the fall of 2009.*


* That last bit is a joke and not true. Best of luck to Ozzie, Mundy, and Gates.


This article was originally published on Joystiq.