Microsoft announced earlier today that Amy Hood has been appointed its new CFO, replacing Peter Klein, who is no longer acting CFO but will stay at Microsoft until the end of June as part of a transitional period. Previously, Hood served as CFO of the company's Business Division, and has been working with Microsoft since 2002. CEO Steve Ballmer commented on her new role.
“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 (MBD), helping lead the transition to services with Office 365 and delivering strong financial and operational management throughout her time on the business."
Before being appointed CFO, Hood - in addition to her role as head of MBD's finance - worked with the company in the acquisitions of Skype and lesser known Yammer. During her years at Microsoft, she also worked as the Server and Tool group's Chief of Staff, moving on to oversee Strategy and Business Development. She had worked as MBD's CFO since the beginning of 2010.
Her days before Microsoft included employment serving under various titles during a stint at Goldman Sachs. Says Hood, she's "excited" about her new position, and looks forward to continuing in the footsteps of Klein and the work he did during his time as Chief Financial Officer. Hood has degrees from both Duke and Harvard.