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Gates Foundation Names New Chief

A former Microsoft executive has been named the new chief executive of the largest foundation in the world, the Bill & Melinda Gates Foundation http://www.gatesfoundation.org/default.htm .

Jeffrey S. Raikes, who ran a Microsoft division dedicated to business products, will replace Patty Stonesifer, another former Microsoft executive, who helped Bill and Melinda Gates start the foundation in an office over a pizza parlor. He will join the foundation on Sept. 2 at roughly the same time that Mr. Gates will begin devoting most of his time to its affairs.

By STEPHANIE STROM

Full Story: http://www.nytimes.com/2008/05/13/us/12cnd-foundation.html?_r=1&hp&oref=slogin

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