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May 04, 2015 9:51 AM ET

Commercial Services and Supplies

Company Overview of Bill & Melinda Gates Foundation

Company Overview

Bill & Melinda Gates Foundation operates as a non-profit organization that focuses on healthcare, poverty, and educational sectors in developing countries. The organization provides grants for agricultural development, global health, and technical education programs. Bill & Melinda Gates Foundation was formerly known as William H. Gates Foundation and changed its name in 2000. The organization was founded in 1994 and is headquartered in Seattle, Washington.

500 Fifth Avenue North

Seattle, WA 98109

United States

Founded in 1994

Phone:

206-709-3100

Fax:

206-709-3180

Key Executives for Bill & Melinda Gates Foundation

Chief Executive Officer
Age: 56
Founder and Co-Chairman
Age: 49
Founder and Co-Chairman
Age: 59
Chief Financial Officer
Age: 58
President of U.S. Program
Age: 47
Compensation as of Fiscal Year 2014.

Bill & Melinda Gates Foundation Key Developments

Sika's Board To Buy Out Founding Family's Stake

Sika AG's (SWX:SIK) Board of Directors plans on buying the stake of the company's founding family Burkard in a bid to prevent Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) from taking over Sika, Sonntagszeitung reported, citing sources in the know. According to the report, the Board is ready to pay the family's Schenker-Winkler Holding AG CHF 2.25 billion for the stake. Sika spokesman Dominik Slappnig confirmed the offer to news agency AWP on April 20, 2015, but did not disclose the offer price, saying only it includes a premium. At the same time, SWH spokesman Andreas Durisch told AWP the family is not aware of an alternative offer and stressed any proposal that does not include Saint-Gobain is unacceptable. However, Sika's management and some shareholders, including Bill & Melinda Gates Foundation and Cascade Investment, L.L.C., have expressed their fierce opposition to the deal with Saint-Gobain and initiated a lengthy battle with the family. According to Sonntagszeitung's report, the family would retain a part of its stake for the time being to profit from any rise in the share price.

Bill & Melinda Gates Foundation Appoints Steven Rice as Chief Human Resources Officer with Effect from July 6, 2015

The Bill & Melinda Gates Foundation announced that Steven Rice will join as Chief Human Resources Officer. Rice joins the foundation from Juniper Networks, where he most recently served as Executive Vice President of Human Resources. Rice will assume his new position on July 6, 2015 and will be based in Seattle.

Bill & Melinda Gates Foundation Appoints Todd Pierce as Chief Digital Officer with Effective from April 6, 2015

The Bill and Melinda Gates Foundation announced that Todd Pierce will join the organization in the newly created role of Chief Digital Officer. He comes to the foundation from salesforce.com where he served as Senior Vice President of the Healthcare and Life Sciences industry. Prior to salesforce.com, Pierce was Chief Information Officer at Genentech and for the County of Santa Clara, California, and held technology leadership roles at Roche and Veteran's Affairs. Additionally, he has held key positions on multiple non-profit and foundation boards. Pierce will begin in the new role on April 6, 2015.

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