Microsoft Names Amy Hood As Its New CFO, Replacing Peter Klein

Posted on May 9 2013 - 3:57am by Editorial Staff

Microsoft today named Amy Hood as the company’s new chief financial officer, succeeding outgoing CFO Peter Klein with effective immediately although Klein will remain at company through the end of June for ensuring a smooth transition.

“Amy brings the right talents and experiences to the role as we continue to strengthen our focus on devices and services,” said Steve Ballmer, Microsoft’s chief executive officer. “She has been an instrumental leader in the Microsoft Business Division (MBD), helping lead the transition to services with Office 365 and delivering strong financial and operational management throughout her time on the business.”

Hood joined Microsoft back in December 2002 and serving as CFO of MBD, overseeing all financial strategy, management and reporting. She was being involved in the strategy development as well as execution of company’s successful acquisitions of Skype and Yammer.

Before joining Microsoft, Hood worked at Goldman Sachs in various roles including investment banking and capital markets groups. She holds a bachelor’s degree in economics from Duke University and a master’s degree in business administration from Harvard University.

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