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The Wall Street Journal: George Soros names new acting president to head his foundation

Billionaire investor George Soros on Monday said a former U.S. ambassador to South Africa will become the new acting president of his global foundation following the departure of Christopher Stone.

Patrick Gaspard, who also was a top aide to President Obama and a national Democratic Party official, will take over the Open Society Foundations at the beginning of 2018. He is currently vice president of the organization.

Soros, a billionaire investor and Hungarian refugee from the Holocaust, founded the global philanthropy network to promote human rights. Soros is a major donor to liberal causes and supported Hillary Clinton in the last election.

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