SEATTLE — Microsoft executive Jeff Raikes will be the next CEO of the Bill &Melinda Gates Foundation.
The world’s largest charitable foundation has been looking for a new leader since CEO Patty Stonesifer announced in February that she would be stepping down.
Raikes has been the top executive in Microsoft’s business software division, responsible for such things as the Office software suite, Microsoft’s server software and applications that help businesses track customers and business processes.
In the past decade, the Gates Foundation has made more than $16 billion in grants, mostly in global health, global development and U.S. education.
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