<table><tr><th>From:</th><th>Boris Nikolic</th></tr><tr><td>Sent:</td><td>Tuesday, September 10, 2013 2:03 PM</td></tr><tr><td>To:</td><td>Jeffrey Epstein</td></tr><tr><td>Subject:</td><td>FW: Leadership Transition: Sharing my news with you</td></tr></table>

Sent from my Windows Phone
________________________________
From: Jeff Raikes
Sent: 9/=FD10/2013 6:06 AM
To: All Foundation Staff</=>
Cc: Bill Gates; Melinda French <mailto:████████████████
Subject: Leade=ship Transition: Sharing my news with you

Dear All-

I am writing to let you know that I have decided to step down as CEO of the=foundation. I will continue to lead the organization while Bill and Melind= select a successor, and I look forward to helping the new CEO settle in w=en he or she is hired. Bill, Melinda, and I have talked at length about their vision for the future of the organ=zation, and we are very confident in the leaders we have and excited about=the direction we're headed.

When Bill and Melinda approached me about this job in May 2008, we discusse= a five-year commitment. I am proud of the work we've all done together =n the past five years. We are having an impact on people's lives every s=ngle day, and we are set up to keep on having an even bigger impact in the years to come.

Now, I'm looking forward to doing some things I haven't had time for, i=cluding my work at the Raikes Foundation, which is tackling youth and educ=tion issues. I have learned so much from Bill, Melinda, our grantees and p=rtners, and all of you about catalytic philanthropy and specific issues like agriculture and education. I have al=o learned from—and been deeply moved by—the people I've met in the f=eld, whether they're Ethiopian farmers trying to grow enough food to fee= their children or a teacher in New Orleans helping students make a better future. These lessons will not only inspire=me but also serve me day-to-day, because I will continue to invest my time=and energy in these areas.

It has been a privilege to get to do this urgent, important work with you, =nd it has also been a lot of fun. I'm focused on making sure that the tr=nsition to your next leader is as seamless as possible, so that you can co=tinue doing this work with the intellect and passion you bring to it every day.

At the Town Square Dialogue later this morning, you'll hear more from Bil=, Melinda, and me, and you'll get a chance to ask us any questions you m=ght have.

Thank you,

<=span>

Jeff Raikes

Jeff Raikes is the CEO. His email is obscured. V and F are also obscured.


Assistant Julie Tasnady Cockrum

The image shows three lines labeled: V+, C, and E. The line E includes a mailto link.

Bill & Melinda Gates Foundation

www.ga=esfoundation.org <http://www.gatesfoundation.org/>