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Microsoft CFO Leaving

By Justin Loiseau - Apr 18, 2013 at 4:55PM

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New leader will come from finance team.

Microsoft (MSFT 2.76%) reported Q3 earnings today, pushing profits up 19% on Windows sales. But even as finances flourish, the company announced that CFO Peter Klein will step down at the end of fiscal 2013 after 11 years with Microsoft.

Source: Microsoft.com

Klein began his Microsoft career as CFO of the company's Server & Tools Business Group. In 2006, he moved up to CFO of the Business Division, and assumed his current role just under four years ago.

In a statement today, CEO Steve Ballmer noted that: "It has been a pleasure to work with Peter as CFO. He's been a key member of my leadership team and a strategic advisor to me, and I wish him the very best."

Microsoft will name a new CFO in the next few weeks, and expects the position to be filled by someone from the company's finance leadership team.

 

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