Melinda French Gates could quit foundation if she and Bill Gates can't work together in 2 years
CBSN
Bill and Melinda French Gates said they have a backup plan if it turns out they can't work together following their recent divorce: She will leave the Gates Foundation in two years if "either decides they cannot continue to work together as co-chairs," according to the philanthropic organization.
French Gates would resign from her position as co-chair and trustee if that happened, but she would receive "personal resources" from Bill Gates for her own charitable work, the Bill & Melinda Gates Foundation said in a statement on Wednesday. The plans for the foundation come after the Gateses announced in May that they were divorcing after 27 years of marriage. The future of the Gates Foundation has been under scrutiny amid the pair's breakup. The charity, one of the largest in the world, has spent more than $55 billion to combat poverty, disease and inequality. In announcing the new leadership plan, the foundation said it is committing another $15 billion to further its goals, while also expanding its governance to include additional trustees.More Related News