"true hacker" feels good when describing people at the top of engineering career paths like fellows, but for a CEO I'd rather have someone who's mix of decent tech skills and unparalleled business skills. I've had an opportunity to see companies where people didnt know how to do business and that was tragedy. That was way, way worse than non-technical manager trying to push solutions on ya.
How he is doing from business perspective?
For software company, it could be useful if the CEO knows what software is and the company might find other business models than trending ”enshittification” route.
On the contrast I can show you pure business people failed at the CEO post. E.g. John Sculley ran Apple to the ground.
Thats a very vague job description. Executive's jobs are to make investments that will maximize shareholder return and an executive of an engineering company will only be able to make the best investments if they understand the technology they are selling and their customers. People have been noting how engineers have been running more and more companies, thats because more and more companies rely on technology to drive their growth.
Assuming you can't be among the best of both, which is a natural if possibly wrong assumption, I think it's clear where Gates excelled and that was obviously great for Microsoft.