Gates Foundation hires Calif. university leader

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Associated Press

Posted on December 17, 2013 at 1:38 PM

SEATTLE (AP) — The Bill & Melinda Gates Foundation has named the chancellor of the University of California, San Francisco, to be the third CEO of the world's largest charitable foundation.

Chancellor Susan Desmond-Hellman will take over from Jeff Raikes in May. Raikes announced his retirement in September after five years as foundation CEO.

Melinda Gates said on Tuesday they chose Desmond-Hellman because of her scientific knowledge and technical expertise on the foundation's issues.

Desmond-Hellman is an oncologist by training with expertise in public health, drug development, regulatory innovation and health policy.

University of California President Janet Napolitano said Desmond-Hellmann helped navigate the institution through difficult financial times, and make it No. 1 in National Institutes of Health funding for public universities.

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