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Microsoft reorganizes into a privately held corporation with Bill Gates as president and chairman of the board and Paul Allen as executive vice president. Microsoft becomes Microsoft, Inc., an incorporated business in the state of Washington.

Towne was previously Vice President and General Manager of the Instrument Division at Tektronix. He is replaced by Jon Shirley the next year. Microsoft announces a new corporate logo, new packaging, and a comprehensive set of retail dealer support materials. (blibbet) Microsoft becomes a registered trademark in the U.S.

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The Executive Committee replaces the Office of the President as the most senior management team at the company. Senior Vice President Jim Allchin and Senior Vice President Brad Silverberg will join Steve Ballmer, Bill Gates, Bob Herbold, Pete Higgins, Paul Maritz, Nathan Myhrvold, and Jeff Raikes on the new Executive Committee.

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He compliments Jerry Ruttenbur, Vice President of Retail, and Shelley Jones on the color and graphics of the Microsoft® Windows® demonstration given to him by Jan Josephs. Microsoft moves to its new Corporate Campus, buildings 1 through 4, in Redmond, Washington.

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