May 29, 2008
Why the New CEO of Gates Is Likely to Succeed
The announcement by the Bill & Melinda Gates Foundation that it had chosen a Microsoft millionaire to succeed Patty Stonesifer as its chief executive was simultaneously "rounding up the usual suspects" and a radical departure from the way in which big foundations have traditionally chosen leaders.
Jeffrey S. Raikes was one of the usual suspects because the path to the leadership of a family foundation has always rambled through the corporation with which the family made its
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