The Bill & Melinda Gates Foundation has picked a physician and chancellor of the University of California, San Francisco, as its next chief executive.
Susan Desmond-Hellmann will replace Jeff Raikes, who announced his retirement from the foundation in September. Raikes, a former Microsoft executive, has served as the foundation’s CEO for five years.
“We chose Sue because of her scientific knowledge and deep technical expertise on the foundation’s issues, as well as the organizational and leadership skills required to lead a large, growing and dynamic global organization. Sue shares our commitment and passion to create a more equitable world,” said Melinda Gates, co-chair of the foundation.
Before joining the university, Desmond-Hellmann worked as president of product development at Genentech. She currently sits on the boards of directors of Proctor and Gamble and Facebook.
Desmond-Hellmann will take the foundation’s helm on May 1.