Bill & Melinda Gates Foundation names new CEO
The Bill & Melinda Gates Foundation said on Tuesday its new Chief Executive would be Susan Desmond-Hellmann.
Ms Desmond-Hellmann currently the chancellor of the University of California, San Francisco, and will take up the post from May 1.
The world's largest private philanthropy organization, with a $40 billion endowment, has been looking for a new CEO since September, when Jeff Raikes announced his retirement.
Bill Gates, the co-founder of Microsoft Corp, and his wife Melinda are co-chairs of the foundation, as is Gates' father.