Amy Hood Is Named CFO Of Microsoft Corporation (MSFT), Effective Next Month

Posted May 8, 2013

Microsoft Corporation (NASDAQ:MSFT) has named Amy Hood as the Chief Financial Officer.  Hood was previously the Corporate Vice President.  She will be replacing Peter Klein starting in June.  This is the first time that a woman has held this position at the company.

?Amy brings the right talents and experiences to the role as we continue to strengthen our focus on devices and services,? said Microsoft CEO Steve Ballmer in a statement. ?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 has been working at Microsoft since 2002.  She is currently the CFO of Microsoft’s Business Division (MBD) where she oversees the financial strategy and management of a $24.1 billion business.  Hood was instrumental in the acquisitions of both Yammer and Skype.  Before that position, she was the chief of staff at Microsoft’s Server and Tools Group.  She also worked as a General Manager at MBD and a Director of Investor Relations.

Prior to joining Microsoft, Hood worked at Goldman Sachs in a variety of roles such as investment banking and capital markets.  Hood received a bachelor’s degree in economics from Duke University and an MBA from Harvard University.