Microsoft’s Venture Head Chris Young Resigns

Microsoft’s Venture Head Chris Young ResignsMicrosoft’s Venture Head Chris Young Resigns

Microsoft’s Venture Head Chris Young Resigns

Chris Young, the head of business development and leader of Microsoft’s venture unit, has stepped down from his role, the company announced on Wednesday.

As the leader of Microsoft’s M12 venture fund and a named officer, Young played a pivotal role in the company. Named officers, including CFO Amy Hood, Vice Chair and Chief Legal Officer Brad Smith, Sales Head Judson Althoff, and CEO Satya Nadella, have their responsibilities, compensation, and departures disclosed publicly by the company.

Microsoft revealed Young’s resignation in an SEC filing, which also noted his contributions to the company. These included advancing M12’s engagements in areas such as AI and data infrastructure, collaborating with company leaders on emerging technologies, securing a strategic partnership, and driving progress on sustainability goals. Additionally, Young was recognized for championing diversity and inclusion within the business development organization and across the broader company.

Before joining Microsoft in 2020, Young served as the CEO of McAfee. He took over the M12 leadership from Peggy Johnson, who founded the venture fund. Originally established to monitor emerging Silicon Valley technologies and startups, M12 evolved under Young’s leadership to function more as an extension of Microsoft’s business development team.

The SEC filing did not specify the reasons behind Young’s departure but stated that he would remain at Microsoft as an employee until March to support the transition. Young has not commented on the announcement.

A Microsoft spokesperson expressed gratitude for Young’s contributions, stating:
“We are deeply grateful for the significant impact Chris had at Microsoft over the past four years. During Chris’ tenure, he led hundreds of strategic partnerships, fostered a culture of innovation, and laid the groundwork for our future growth. We support Chris’ decision to pursue a new endeavor.”

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