Bill Gates steps down from Microsoft’s board to focus on philanthropy
In an announcement on Friday, Microsoft revealed that company co-founder Bill Gates has decided to step down from his role on its Board of Directors in order to focus on his philanthropic efforts at the Bill & Melinda Gates Foundation. This is Gate’s biggest change to his role at Microsoft since stepping down as company chairman in February 2014.
According to Microsoft, Gates will continue to serve as a Technology Advisor for company CEO Satya Nadella and other executives at the company. This isn’t the first time Gates has distanced himself from the company in order to focus on his philanthropy work; he first ended his day-to-day role at Microsoft back in 2008 to better focus on the Foundation.
Microsoft’s independent board chair John W. Thompson expressed ‘deep appreciation’ for Gates and his time at Microsoft on behalf of the company’s Board and shareholders.
Gates’ Foundation has been focusing on the current coronavirus outbreak, calling it a ‘once-in-a-lifetime’ pandemic and urging society to take the steps needed to slow down its impact. In a post this week, the Foundation revealed that it has joined Mastercard and Wellcome to help spur the effort to find treatments for the disease caused by the novel coronavirus.