Word: antitrust
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Dates: during 2000-2009
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America's most famous CEO is no longer a CEO. With an antitrust case and a major shift in the market of his firm's core area of business looming, Bill Gates stepped down as CEO of Microsoft Thursday, handing the reins to long-time protégé and college buddy Steve Ballmer. Gates for his part will ratchet back to the role of chairman and "chief software architect." The move ends a 25-year stretch as Redmond's top dog, during which Microsoft became the world's most valuable firm and Gates its wealthiest individual. In that time...