Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Microsoft Names New CFO

Software giant Microsoft (NASDAQ: MSFT  ) has named a new CFO following its announcement last month that Peter Klein would be stepping down at the end of the current fiscal year. Klein had served as CFO for four years and has been with Microsoft for 11 years. Amy Hood is Microsoft's new CFO, effective immediately.

Hood has most recently served as a corporate vice president and CFO of Microsoft's business division, and played a role in Microsoft's acquisitions of Skype and Yammer. She was chief of staff in the server business before that position. She has been with Microsoft for more than a decade, joining in December 2002. Microsoft's fiscal year ends in June, which is when Klein will depart. He will remain until then to facilitate a smooth transition.

CEO Steve Ballmer said she has been instrumental in leading the business segment and its transition to the subscription-based Office 365.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2418575, ~/Articles/ArticleHandler.aspx, 5/25/2015 1:58:18 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!