Cloud storage company Box ( BOX) on Wednesday, July 12, announced that Dan Levin, the company's president and COO, will step down from his role after seven years.

He will be succeeded by Stephanie Carullo who will assume the role of COO.

Levin will remain on Box's board of directors and continue to provide counsel to the leadership team.

Carullo has previously worked for IBM ( IBM) in Australia where she held sales leadership, general management and consulting positions.

She spent time at Cisco ( CSCO) where she led a team in the U.S. service provider business. She also has worked at Apple ( AAPL) as vice president of U.S. education sales.

"With more than 25 years of leadership experience driving global sales strategy and execution for some of the world's leading technology companies, Stephanie is perfectly suited to head Box's operations and go-to-market strategy," co-founder and CEO of Box Aaron Levie said.

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Money is just being given away: Warren Buffett donated roughly $3.17 billion of Berkshire Hathaway Inc. (BRK.A) (BRK.B) stock earlier this week to the Bill and Melinda Gates Foundation and four family charities.

It is the 86-year-old billionaire's largest contribution in his plan to give away his fortune. In 2010, Buffett, Microsoft Corp. (MSFT) co-founder Bill Gates and his wife created The Giving Pledge, a project that encourages billionaires to give more than half of their wealth to philanthropy. TheStreet takes a look at some of the wealthiest people who have pledged to give their money to charity when all is said and done.

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