By Reuters Reporter PUBLISHED: 22:06 EST, 1 October 2013 | UPDATED: 03:02 EST, 2 October 2013 Out: Bill Gates stepped down as CEO of Microsoft in 2000 and now some investors want him out as chairman of the board Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter. While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company's performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.
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Activist shareholders own 5percent of the company
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Gates founded Microsoft 38 years ago, but stepped down as CEO in 2000
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He holds only 4.5percent of the company and now spends most of his time working on his foundation
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