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Ballmer Crowned Microsoft Chief Executive

HeadlineJan 14, 2000

Steve Ballmer has been crowned Microsoft’s new king, while Bill Gates may be aiming even higher. Gates announced yesterday he is giving up day-to-day leadership of the company he co-founded in 1975 to return “to what I love most, focusing on technologies for the future.” Ballmer was named chief executive of the software giant, formalizing more than a year and a half of change at the software company in both management and vision. He inherited the job from Gates, who will remain Microsoft’s chair and become a full-time “software architect.” Microsoft has made Gates the world’s wealthiest person, with a fortune estimated at more than $80 billion.

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