It's been a long... long journey for Bill Gates and his Microsoft. But all good things must come to an end and it seems that is the case here when in 2008, Bill Gates has announced he will step down from his post as Chief Software Architect for Microsoft -- but continue to advise the company as Chairman.

Gates, arguably one of most recognizable executives in the world -- and not just IT -- will stay on at Microsoft until July 2008, but will immediately cede his title of chief software architect to CTO Ray Ozzie, who will begin to take responsibility for architectural development at the firm.

After July 2008, Gates will remain on as Microsoft's chairman and take an advisory role in development.

In a press conference today, Gates described the shift as "not a retirement," but a reordering of my priorities.

"This was a hard decision for me to make," Gates said. "Even as I prepare to shift my focus, I know Microsoft is well-positioned for success in the year's ahead."

News-Source: www.xbox365.com