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Raikes, who left Microsoft earlier this year to become CEO of the Bill and Melinda Gates Foundation, will now also serve as a director of the warehouse retailer.
Longtime Microsoft executive, who earlier this year announced plans to retire from the software giant, calls new post "truly a dream job."
Software executive, who came from Apple in 1981, says he's not sure what he'll do when he leaves Microsoft in September, but it will probably be outside of tech.
The head of Microsoft's Business Division is leaving the company, to be replaced by former Juniper Networks COO Stephen Elop in September.
Microsoft issues a media alert saying Microsoft to make Business Division announcement, then kills the release. A source says unit head Raikes is busy on the mergers and acquisitions front, not, say, sending out his resume.
So Steve Ballmer announces a reorganization to bring more focus to Microsoft. It's almost an annual event.
The former Netscape executive and chief executive of the speech recognition company plans to leave the software giant in June.
Java reporting tool generates Microsoft Office documents from within a Web browser from any data source.