Gates Steps Down From Microsoft Board

https://www.reuters.com/article/us-microsoft-bill-gates/bill-gates-steps-down-from-microsoft-board-idUSKBN2103BH

"Microsoft Corp co-founder Bill Gates, who made the company one of the world’s most valuable technology firms, stepped down from the board on Friday to focus on philanthropic works related to global health, education and climate change.

The billionaire and his wife Melinda run one of the world’s largest charities, the Gates Foundation, which has billions in assets and funds global health programs to combat disease and poverty.

Gates quit his full-time executive role at Microsoft in 2008 and remained as chairman of the board till 2014. Since then he has been a board member.

“It’s been a tremendous honor and privilege to have worked with and learned from Bill over the years,” Chief Executive Officer Satya Nadella said.

With the departure of Gates from Microsoft Board, it will now consist of 12 members, the company said.

Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004."

We need a thread not about the virus. I greatly admire the philanthropy and work Bill and Melinda Gates do worldwide through their foundation.

I wonder if the covid crisis triggered it, or it has always been the plan to resign now. Either way I am glad he did.

Yes, Gates has gone on to do some very impressive things.

And I agree about having non-coronavirus theads, as much as I appreciate having the one you keep up.

In my “time out” status I can’t start threads, which is too bad because I would start a Gardening 2020 thread. I found online shopping for plants today very healing!

Oh nooo… Hope his health is OK.

My impression (and that’s all it is) is that he has had a planned, systematic way of turning Microsoft over to others through the years. I have followed him for years, but watching the Inside Bill’s Brain series on Netflix made it even more clear to me just how important the philanthropic work is to him.

from cnbc - ““I have made the decision to step down from both of the public boards on which I serve – Microsoft and Berkshire Hathaway – to dedicate more time to philanthropic priorities including global health and development, education, and my increasing engagement in tackling climate change,” Gates said on LinkedIn. “The leadership at the Berkshire companies and Microsoft has never been stronger, so the time is right to take this step.””

I’ve been so impressed with Bill and Melinda Gates. I wish there were more billionaire philanthropists.

Bill Gates for president