Bill Gates Finally Comes to His Senses

It was only a matter of time before Bill Gates tired of watching Corbis struggle in the red while Getty Images soared to record revenues. Today the company announced that longtime CEO Steve Davis is stepping aside in June to make room for Gary Shenk (pictured), currently the company's president. Davis has run the company for the past 10 years, a period in which Corbis has yet to turn a profit. Until last year, when Shenk, 36, became president, Davis held both senior titles and answered solely to

It was only a matter of time before Bill Gates tired of watching Corbis struggle in the red while Getty Images soared to record revenues. Today the company announced that longtime CEO Steve Davis is stepping aside in June to make room for Gary Shenk (pictured), currently the company's president.

Davis has run the company for the past 10 years, a period in which Corbis has yet to turn a profit. Until last year, when Shenk, 36, became president, Davis held both senior titles and answered solely to Gates.