Core Insights - Chris Young, head of business development and Microsoft's M12 venture unit, resigned from his position, with the company announcing this in an SEC filing [1][2] - Young's tenure included significant accomplishments in AI, data infrastructure, and sustainability goals, as well as promoting diversity and inclusion [3] - Microsoft expressed gratitude for Young's contributions over the past four years, highlighting his role in strategic partnerships and innovation [5] Group 1 - Young was a named officer, which required Microsoft to publicly report his compensation and responsibilities [2] - He joined Microsoft in 2020, succeeding Peggy Johnson, and transformed M12 into an extension of the business development team [3] - The SEC filing did not specify the reasons for Young's departure, but he will assist with the transition until March [4] Group 2 - Young's leadership led to increased engagements in emerging technologies and strategic partnerships [3] - Microsoft emphasized the impact of Young's work on the company's future growth and innovation culture [5]
Microsoft's head of venture has resigned