The Bill & Melinda Gates Foundation appointed a board of trustees, with Strive Masiyiwa, Baroness Nemat (Minouche) Shafik, Thomas J. Tierney, and Gates Foundation CEO Mark Suzman joining co-chairs Bill Gates and Melinda French Gates as members.
The board members will work alongside Gates and French Gates, bringing independent and diverse perspectives to help strengthen the foundation’s governance. Suzman announced the board members in the foundation’s inaugural annual letter. The letter highlights the foundation’s efforts to fight poverty and disease; its goal of creating a better, fairer world; and its commitment to listening to diverse perspectives and deepening engagement with partners and communities where its work is focused.
Strive Masiyiwa, African philanthropist, chairman and founder of Econet Group, said: “Over the last 20 years I have worked with the Gates Foundation, beginning with efforts to improve agricultural production for more than 400 million smallholder farmers in Africa, to improving livelihoods for the poorest people across Africa and the world. We have worked together to address global health crises like the Ebola and COVID-19 pandemics. I am honored to join the co-chairs and the incredible team at the foundation in fighting disease and poverty throughout the world.”
Baroness Shafik, director of the London School of Economics and Political Science, said: “I am honored and delighted to be joining the board of the Bill & Melinda Gates Foundation and I look forward to working with my fellow board members to support its mission of advancing human flourishing. I’ve spent my career working in some of the world’s great international and academic institutions because, like Melinda and Bill, I realize that the hardest problems facing humanity are not confined to a single country or sector, but are universal challenges that call for reason, empathy, and cooperation. I’ve long admired the foundation for standing for those values across borders and all parts of society. The pandemic, climate change, and other crises have shown its work to be more relevant and necessary than ever. I will dedicate my service as a board member to upholding those collaborative values within an organization that exists to enable everyone to live a healthy and productive life.”
Tom Tierney, co-chair and co-founder of the Bridgespan Group, said: “The Gates Foundation is an extraordinary organization with over two decades of persistent, pragmatic, and disciplined experience fighting poverty, disease, and inequity around the world. The opportunity—and the imperative—to accelerate the foundation’s impact has never been greater. My aspiration as a new board member is to do my share in helping the co-chairs and the leadership team capture this potential, in service of society.”
The board announcement comes at a time of unprecedented global challenges. The COVID-19 pandemic has slowed, halted, and even reversed hard-won gains in global health and development around the world. After nearly two decades of steady progress, tens of millions of people have been thrown back into poverty, childhood vaccination rates have dropped, and diseases from malaria to tuberculosis have resurged. Since January 2020, the Gates Foundation has committed more than $2 billion to the global COVID-19 response, with a focus on making sure support reaches marginalized communities as quickly and effectively as possible.
The pandemic has had devastating impacts on these communities, and it will take many years for them to recover.This governance change comes after the death in late 2020 of Bill Gates Sr., Bill Gates’ father, an honorary co-chair, and a long-time guiding voice at the foundation, as well as the decision by Warren Buffett last year to step down as a trustee after nearly 15 years. It also represents an explicit recognition by Gates and French Gates, especially in the wake of their recent divorce, that the foundation will be well served by the addition of independent voices to help shape its work in the future.
The board could include up to nine total members, with conversations ongoing about adding to the initial slate to enhance representation across gender, geography, and expertise.“We are honored that these three deeply knowledgeable and respected individuals have agreed to join the foundation board,” writes Suzman. “Between them, they bring an incredible track record of impact across global business, philanthropy, and development, and we couldn’t be more excited to work with them.”