Bill Gates has stepped down from Microsoft's board
prnewswire.com
Bill Gates has stepped down from Microsoft's board
1–10 of 152 posts
Re: Bill Gates has stepped down from Microsoft's board
#2maybe because people have found out his foundation patented the corona virus so he is preparing to run away :D
Re: Bill Gates has stepped down from Microsoft's board
#3Also stepped down from the Berkshire board as well.
Given that he stepped away from a day to day role in 2008 and then stepped down as the chairman in 2014, I'm guessing he's focusing on his foundation.
He's still the 8th largest shareholder according to Bloomberg's records(103,000,000 share), which is pretty impressive given that the 7 entities above him are all funds.
Incase you wanted to know who the remaining 12 board members are:
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.
Re: Bill Gates has stepped down from Microsoft's board
#4With 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.
SO DIVERSE.
Re: Bill Gates has stepped down from Microsoft's board
#5Whichever poster it was the other day saying that this was the optimal time to send out bad news as a company seems to have been astute.
Re: Bill Gates has stepped down from Microsoft's board
#6I would guess that Bill Gates has been looking to do this for a while now, and this is just a good time PR-wise. It won't tank the stock anymore than it already has because the market's crashing, and people have other stuff to worry about.
Re: Bill Gates has stepped down from Microsoft's board
#7The optimist in me wants to believe that this means he's about to be appointed as the head of the national coronavirus response.
There's probably no better qualified person in the world to manage the coordinated effort.
Re: Bill Gates has stepped down from Microsoft's board
#8Whichever poster it was the other day saying that this was the optimal time to send out bad news as a company seems to have been astute.
Friday afternoons are generally a time when they'll dump out bad news.
Re: Bill Gates has stepped down from Microsoft's board
#9The optimist in me wants to believe that this means he's about to be appointed as the head of the national coronavirus response. There's probably no better qualified person in the world to manage the coordinated effort.
Why on earth would he be the most qualified person for that?
Re: Bill Gates has stepped down from Microsoft's board
#10I would guess that Bill Gates has been looking to do this for a while now, and this is just a good time PR-wise. It won't tank the stock anymore than it already has because the market's crashing, and people have other stuff to worry about.
His foundation has also been fairly active in the response to COVID-19 ($100M spending commitment so far), I wonder if he'll be taking a more direct role in the foundation's response to it: https://www.gatesfoundation.org/TheOptimist/coronavirus