Microsoft has promoted Amy Hood, the CFO of its US$24.1bn business division, to CFO of the entire company, making her Microsoft’s first female chief financial officer and the highest-ranking woman at the software giant.
Hood steps into her new role immediately, taking over from departing CFO Peter Klein.
Klein will remain at Microsoft until the end of June to ensure a smooth transition, after which time he plans to travel and spend time with family.
Steve Ballmer, Microsoft’s chief executive officer, said Hood (41) brings the right talents and experiences to the role as Microsoft continues to strengthen its focus on devices and services.
“She has been an instrumental leader in the Microsoft business division, helping lead the transition to services with Office 365 and delivering strong financial and operational management throughout her time on the business,” Ballmer said.
Hood, who joined Microsoft in December 2002, has been involved in the strategy development and overall execution of the company’s successful acquisitions of Skype and Yammer.
She has a bachelor’s degree in economics from Duke University and a master’s degree in business administration from Harvard University.
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