2000 – Microsoft CEO Bill Gates announces he will be stepping down from his role but remain on the Board and embrace a new role as Chief software architect. Steve Ballmer will take over the CEO role and also remain president.
Love him or hate him, Ballmer kept Microsoft running and helped raise annual revenues. Ballmer would remain CEO of Microsoft until February 2014, then take over as the owner of the Los Angeles Clippers.
Bill Gates continued on the board. In 2014 he stepped down to Technology Advisor. Gates is also co-founder of the Bill and Melinda Gates foundation