Wikipedia reviewed under a formal process. It was founded on March 9, 2000, under the ownership of Bomis, a web portal company. Its main figures were Bomis CEO Jimmy Wales and Larry Sanger, editor-in-chief for Nupedia and later Wikipedia. Nupedia was initially licensed under its own Nupedia Open Content License, but even before Wikipedia was founded, Nupedia switched to the GNU Free Documentation License at the urging of Richard Stallman. Wales is credited with defining the goal of making a publicly editable encyclopedia, while Sanger is credited with the strategy of using a wiki to reach that goal. On January 10,
Jimmy Wales away in part because of his spending habits, a claim Wales denied. Then-chairperson of the foundation Florence Devouard and former foundation interim Executive Director Brad Patrick denied any wrongdoing by Wales or the foundation, saying that Wales accounted for every expense and that, for items for which he lacked receipts, he paid out of his own pocket; in private, Devouard upbraided Wales for "constantly trying to rewrite the past". Later in March 2008, it was claimed by Jeffrey Vernon Merkey that Wales had edited Merkey's Wikipedia entry to make it more favorable in return for donations to the Wikimedia Foundation,