Gates Foundation CFO to step down next year

updated 11:44 a.m. ET Oct. 13, 2009

SEATTLE - The chief financial officer of the Bill & Melinda Gates Foundation says he's leaving that post early next year to pursue other interests.

The Seattle Times reports that Alexander Friedman made the announcement Monday in an e-mail to colleagues at the philanthropic foundation. A former investment banker, Friedman said he most likely would return to the private sector, but also is considering nonprofit and government work.

Friedman joined to the foundation in March 2007 and presided over a huge period of growth.

More from msnbc.com   Clinic with two doors, a symbol of two-tier care   Patients face bitter choice: Pay up or lose access First Read: ‘Not there yet’ on health bill, Reid says America’s RV industry no longer running on empty On Twitter: Breaking news updates | Weird and wild

MORE FROM GIVING

Giving Section Front

Goldman Sachs on Thanksgiving trash duty Food banks struggle to meet demand Suze Orman champions women's causes Schools get $335 million to boost teaching   Salvation Army swamped with bell-ringer applicants U.S. charities may not have a happy holiday Goldman, Buffett to help small businesses Used shoes gain traction in poor countries Exhibit unmasks horror of human trafficking Tim McGraw helping neighbors in need Giving Section Front   Add Giving headlines to your news reader: