Well credit to Hal Berenson who nailed this a few weeks back, but Bill Gates will no longer be chairman of the board at Microsoft. His new role will be Technical Advisor focusing on products and technologies. Bill Gates claims he will now spend a third of this time at the company, up from 20 – 25% previously. Gates will still retain a seat on the board, but he will no longer be chairman. I think Mary Jo Foley nailed it earlier this week when she said this was likely more for PR than reality.