February 21, 2024
Bill Gates Steps Down From Microsoft's Board to Focus on Philanthropy

Bill Gates Steps Down From Microsoft's Board to Focus on Philanthropy

Posted March 14, 2020 at 12:56am by iClarified · 5779 views
Microsoft co-founder Bill Gates has stepped down from the company's Board of Directors to focus on his philanthropic priorities including global health, development, education, and climate change. He will continue to serve as a Technology Advisor to CEO Satya Nadella and others in the company.

“It’s been a tremendous honor and privilege to have worked with and learned from Bill over the years. Bill founded our company with a belief in the democratizing force of software and a passion to solve society’s most pressing challenges. And Microsoft and the world are better for it. The board has benefited from Bill’s leadership and vision. And Microsoft will continue to benefit from Bill’s ongoing technical passion and advice to drive our products and services forward. I am grateful for Bill’s friendship and look forward to continuing to work alongside him to realize our mission to empower every person and every organization on the planet to achieve more,” said Microsoft CEO Satya Nadella.

“On behalf of our shareholders and the Board, I want to express my deep appreciation to Bill for all his contributions to Microsoft. As a member of the Board, he challenged us to think big and then think even bigger. He leaves an enduring legacy of curiosity and insight that serves as an inspiration for us all,” said John W. Thompson, Microsoft independent board chair.

Gates left his day-to-day role at Microsoft on June 27, 2008 to spend more time working at the Bill & Melinda Gates Foundation. He continued to serve as the chairman of the board until February 4, 2014.

With Gates’ departure, the Board will consist of 12 members, including John W. Thompson, Microsoft independent chair; Reid Hoffman, partner at Greylock Partners; Hugh Johnston, vice chairman and chief financial officer of PepsiCo; Teri L. List-Stoll, executive vice president and chief financial officer of Gap, Inc.; Satya Nadella, chief executive officer of Microsoft; Sandra E. Peterson, operating partner, Clayton, Dubilier & Rice; Penny Pritzker, founder and chairman, PSP Partners; Charles W. Scharf, chief executive officer and president of Wells Fargo & Co.; Arne Sorenson, president and CEO, Marriott International Inc.; John W. Stanton, chairman of Trilogy Equity Partners; Emma Walmsley, CEO of GlaxoSmithKline plc (GSK); and Padmasree Warrior, founder, CEO and president, Fable Group Inc.

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Bill Gates Steps Down From Microsoft's Board to Focus on Philanthropy

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BritBratExpat - March 16, 2020 at 9:13am
Evil man. Truly evil. He owned the patent to this virus!
1reader - March 16, 2020 at 3:03pm
“If we are doing a really good job with vaccines...” (b gates) on a Ted talk stage ...
Ace* - March 16, 2020 at 10:13pm
Comments on here get dumber by the day...
1reader - March 20, 2020 at 8:52pm
Ace explain in all your wisdom what he meant when he said that? Cause you are batter than others.
joeyxxx1 - March 14, 2020 at 3:45am
Bill Gates is very underwhelming.
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