A new report claims that three of Microsoft's top 20 investors that together own five percent of the company's stock want to see its co-founder Bill Gates resign his chairman position



From Neowin:

Bill Gates has not been a part of Microsoft's day-to-day activities for some time, but the co-founder of the company still wields a great deal of influence as chairman. That's apparently too much power for three large investors in Microsoft who are rumored to be pressuring the rest of the company's board of directors to ask Gates to step down as chairman.

According to Reuters, the three investors hold a combined five percent of the company's stock. The story, which cites unnamed sources, claims that the unidentified trio feel Gates could block any new ideas and strategies that could be suggested by Microsoft's next chief executive officer. Microsoft is currently searching for a new CEO, as its current leader Steve Ballmer announced plans more than a month ago to retire from the company within a year.

  Rumor: Three top Microsoft investors want Bill Gates to resign as chairman