Microsoft Assigns First Female CFO in Company History

Amy Hood succeeds Peter Klein as new Chief Financial Officer.

Posted By | On 10th, May. 2013

microsoft_amy hood
Microsoft announced today that it has hired Amy Hood to be its Chief Financial Offier, replacing Peter Klein, who will stay on until the transition is complete in June. Hood will be the company’s first female CFO.

Hood stated that, “I’m excited to step into this role and look forward to working closely again with our investors and shareholders. Peter has built a world-class finance team, and I am set up well to continue the company’s strong discipline around costs and focus on driving shareholder value.”

Originally acting as CFO for the Microsoft Business Division in 2010, Hood has also worked chief of staff in the Server and Tools group, and also as strategy and business development team leader.

CEO Steve Ballmer issued a statement, saying, “Amy brings the right talents and experiences to the role as we continue to strengthen our 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.”


Keep On Reading!

Assetto Corsa Rally Update 0.5 Adds New Maps, Online Multiplayer, and Physics Improvements

Assetto Corsa Rally Update 0.5 Adds New Maps, Online Multiplayer, and Physics Improvements

An already solid rally racing sim gets even better with new Special Stages set in Greece and public/private lo...

Invincible VS Shows Off New Outfits In Its DLC 1 Launch Trailer, Angstrom Levy Announced

Invincible VS Shows Off New Outfits In Its DLC 1 Launch Trailer, Angstrom Levy Announced

The Immortal, Universa, a few comic-accurate costumes, and the addition of a key player from the franchise lor...

1666: Amsterdam Trailer Drops New Lore and Setting Details

1666: Amsterdam Trailer Drops New Lore and Setting Details

The Collector and her feline companion look like a very interesting duo of playable characters, as does the wo...

PS5 Reportedly Vastly Outsells Xbox As Far As AAA Single-Player Games Are Concerned

PS5 Reportedly Vastly Outsells Xbox As Far As AAA Single-Player Games Are Concerned

According to The Game Business, launch-month sales for titles like Crimson Desert and Resident Evil Requiem ar...

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

Like Double Fine Productions, Ninja Theory and Compulsion Games, Undead Labs may shut down if it doesn't find ...

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

SIE president Hideaki Nishino says the company aims "to deliver value unique to PlayStation" rather than "serv...