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New Era of Technical Leadership at Microsoft

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Remarks by Bill Gates, Chairman and Steve Ballmer, CEO, Microsoft Corp.
News Conference: A New Era of Technical Leadership at Microsoft
Redmond, Washington
June 15, 2006

LARRY COHEN: My name is Larry Cohen. I'm the general manager of Corporate Communications for Microsoft. I would like to welcome everyone to Redmond, and also welcome everyone who is joining us on our audio bridge, and on our webcast. We have some news to share with you today. First, Bill Gates will come up and make some remarks, then Bill will be followed by our CEO Steve Ballmer. Afterwards, we will open up for questions for those of you who are here in the room. We will also offer the opportunity for those on the phone to ask questions as well. We will also be offering a replay of the Web cast, as well as the audio call, on our press Web site, microsoft.com/presspass. We'll offer a replay of that as well as a podcast.

Now, I would like to introduce Bill Gates.

BILL GATES: Thank you all for coming.

I'd like to share with you today some significant news concerning my personal plans and the plans of the company.

I have decided that two years from today, starting July 2008, I will reorder my personal priorities. Today I am working full-time for Microsoft and part-time for the Gates Foundation. Starting two years from now, I will shift, work full-time at the Foundation, part-time at Microsoft as Chairman and as a senior technical adviser.

Given that I’m going to be working full-time for Microsoft for another two years, some people might ask “Why even talk about this today?” We've decided it's the right to thing to announce this publicly two years in advance, because it allows us the time to make a strong transition, and provides the full transparency we think is best.

When Paul Allen and I started Microsoft over 30 years ago, we had big dreams about software. We had dreams about the impact it could have. We talked about a computer on every desk and in every home. It's been amazing to see so much of that dream become a reality and touch so many lives. I never imagined what an incredible and important company would spring from those original ideas.

I have one of the best jobs in the world. I love software, and I love working with the smart, creative, passionate people at Microsoft. Together, we’ve built a great company whose products have empowered people around the world. We’ve certainly gone through a lot of changes over the years. In the early days, I liked to review every line of code, to interview every job applicant. Today, our products include millions of lines of code, we hire thousands of people a year, I’ve had to lighten up in both of those areas.

As Microsoft has grown, our impact has grown. So has the depth of the business management and the technical leadership. The company is as strong as it’s ever been. I have no doubt that over the next 30 years, Microsoft will play just as important a role in people’s lives as we have in the last 30 years.

Of course, with the success of Microsoft, I’ve also been given the gift of great wealth. I believe that with great wealth comes great responsibility, a responsibility to give back to society, a responsibility to see that those resources are put to work in the best possible way to help those most in need.

Many years ago, I made it clear that almost all of my wealth would be returned to society through a Foundation. Over the last 10 years, the Bill & Melinda Gates Foundation has focused on global health and education, two issues I believe are at the crux of global needs. When Melinda and I set up the Foundation, we didn't realize all of the advances using some of the same approaches we use at Microsoft, assembling a team of very bright people, optimistic people, providing them the resources they need, encouraging them to think big and come up with long-term solutions.

Already, we are seeing great results in new medicines, new ways of delivering healthcare, and new approaches to school design. Just as Microsoft took off in ways I never expected, so has the work of the Foundation, and it’s growing rapidly. With the early successes comes the challenge of scaling up and delivering these new approaches to everyone who can benefit. As a result, I want to spend more time on Foundation efforts in the future.

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