Gates resigned from executive duties in June 2008 in order to spend more time at the foundation, but stayed on as chairman of the board until February 2014, and as technology advisor. He will continue in this advisory role.
With the departure of Gates, Microsoft’s board will be made up of 12 members, including independent chair John Thompson, CEO Satya Nadella, Reid Hoffman (Greylock Partners), Hugh Johnston (CFO PepsiCo), Teri List-Stoll (CFO Gap), Sandra Peterson (operating partner, Clayton, Dubilier & Rice), Penny Pritzker (founder and chairman PSP Partners), Charles Scharf (CEO Wells Fargo & Co), Arne Sorenson (CEO Marriott International), John Stanton (chairman Trilogy Equity Partners), Emma Walmsley (CEO GlaxoSmithKline), and Padmasree Warrior (founder, CEO Fable Group).
