Gates Foundation Says Co-Chair Melinda Could Leave After Two Years

Gates Foundation Says Co-Chair Melinda Could Leave After Two Years
Melinda Gates, Co-Chair of the Bill and Melinda Gates Foundation, attends the opening ceremony of the Generation Equality Forum at the Louvre Carrousel in Paris, France, June 30, 2021. REUTERS/Gonzalo Fuentes
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The Gates Foundation said Melinda French Gates and Bill Gates, in the midst of a high-profile divorce, will continue to work as co-chairs for a two-year trial period and after that time if the arrangement unravels, she would step down.

The contingency plan for one of the world’s largest philanthropic foundations was announced by Chief Executive Officer Mark Suzman, a move that would ensure a successful transition for the foundation that has spent over $50 billion in the past two decades toward combating poverty and disease.