Bill Gates Steps Down From Microsoft’s Board of Directors

Microsoft Corp. (Nasdaq “MSFT”)’s co-Founder and technology advisor Bill Gates stepped down from the company’s Board of Directors.

He will dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change.

Gates will continue to serve as Technology Advisor to CEO Satya Nadella and other leaders in the company. On June 27, 2008, he had transitioned out of a day-to-day role in the company to spend more time on his work at the Bill & Melinda Gates Foundation. Gates served as Microsoft’s chairman of the board until February 4, 2014.

With his 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.

FinSMEs

14/03/2020

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