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’s business development chief Chris Young resigns

Christopher Young, executive vice president of business development at

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Corp., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. The GeekWire Summit brings together business, tech and community leaders for discussions about the future.

David Ryder | Bloomberg | Getty Images

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’s head of business development Chris Young, who helped orchestrate the software giant’s acquisition of Activision Blizzard, is resigning from his post after about four years on the job, the company said in a
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on Wednesday. No successor was named.

Young joined

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in 2020 after almost three years as CEO of McAfee, where he ran the effort to separate the company from Intel. Previously, he held executive positions at Cisco and RSA.

At

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, Young sat on the company’s senior leadership team alongside CEO Satya Nadella and finance chief Amy Hood. He reported to Nadella. As one of the highest paid
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employees, Young received $12 million in total compensation in the 2024 fiscal year, according to a
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.

Young’s organization included the M12 corporate venture capital unit, which has invested in startups like Innovaccer, Outreach, PsiQuantum, Skedulo and Typeface. In 2023, M12

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that going forward, it would work more closely with
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to better assist portfolio companies.

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’s $68.7 billion acquisition of video game publisher Activision, its largest deal ever, closed in 2023. Young also played a role in
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’s expansion of its partnership with artificial intelligence startup OpenAI and its ad deal with
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.

Young, one of the most prominent ****** executives at

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, “provided thought leadership on the importance of diversity and inclusion in the technology industry,” the company said in a 2023 filing.

While

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hasn’t made any recent comments about its diversity, equity and inclusion programs, there has been a broader industry rollback since President Donald Trump’s reelection in November.
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said it’s halting some of its DEI programs, and Meta’s are being canceled.

In December,

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’s chief diversity officer
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the company’s work in the area was “more important than ever.”

WATCH:

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CEO Satya Nadella on $500B Stargate project: Our partnership with OpenAI continues




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#Microsofts #business #development #chief #Chris #Young #resigns

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