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Why Bill Gates may step down from Microsoft chair

Bill Gates
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Bill Gates

Amid all of the talk of Microsoft's long search for a new CEO are reports that Bill Gates may be stepping from his longtime role as chairman of Microsoft once a new CEO is chosen. Theories abound as to why, but what matters more is that it is a good thing for the company and for Gates himself, according to re/code's Kara Swisher.

Longtime top Microsoft executive Satya Nadella is a front-runner for the role of CEO and is said to be Gates's favorite. He has reportedly asked Gates to work with him on technology and product problems if he is chosen to lead the company. Gates is too busy to do that now. Surrendering the chair would free him up to be take a more productive and visible role at the company he founded.

For the full story from Re/code, click here.

By Kara Swisher, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

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