The upgraded lineup on Microsoft’s board is as follows:
John W. Thompson, Microsoft independent chair; Reid Hoffman, partner at Greylock Partners; Hugh Johnston, vice chairman and primary monetary officer of PepsiCo; Teri L. List-Stoll, executive vice president and primary financial officer of Gap, Inc.; Satya Nadella, ceo of Microsoft; Sandra E. Peterson, running partner, Clayton, Dubilier & & Rice; Penny Pritzker, creator and chairman, PSP Partners; Charles W. Scharf, president 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.
Bill Gates has actually stepped down from the board of Microsoft to invest more time on his philanthropic endeavors, the company revealed Friday afternoon. Though he will remain innovation consultant to CEO Satya Nadella, this move minimizes his participation with the company to the most affordable level it has ever been.
Gates led < a class="crunchbase-link"href="https://crunchbase.com/organization/microsoft"target="_ blank"data-type="company"data-entity= “microsoft”> Microsoft from the ’80s all the way through 2008, when he delegated commit himself more completely to the Bill & & Melinda Gates Foundation, through which he has actually transported a terrific offer of his tremendous wealth toward international health issues.
He stayed on the board, however, and in fact chaired it up until 2014. But starting today he will just be there as, most likely, something like a fortunate charm and periodic auxiliary brain to Nadella and his crew.
“It’s been a significant honor and opportunity to have actually dealt with and learned from Bill for many years,” said Nadella in a Microsoft press release. “I am grateful for Bill’s friendship and look forward to continuing to work along with him to recognize our mission to empower every person and every company in the world to attain more.”
While I will not try a total Gates/Microsoft retrospective at this time, it’s been a fascinating journey to witness, to say the least. Microsoft has actually embodied the very best and the worst of technology, often concurrently (it includes multitudes), and much of that was due to Gates’s enduring influence.
The Gates Foundation has actually been extremely prominent also, though in a quieter and more humane fashion. It may be that Gates’s 2nd legacy will eventually beat his first.