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  • Sep 2, 2014
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Microsoft

Microsoft Corporation is one of the world’s biggest software makers and manufactures and licenses a range of products and services related to computing. Founded in 1975 by Bill Gates and Paul Allen, the company is probably best known for its Windows software, although it has begun an aggressive drive into the mobile sector seeking to make inroads on market share held by Google and Apple. It paid 5.44 billion euros for the handset business of Nokia in September 2013.

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Microsoft names insider Amy Hood as finance head

PUBLISHED : Thursday, 09 May, 2013, 11:35am
UPDATED : Thursday, 09 May, 2013, 11:36am

Microsoft has named Amy Hood, head of finance of its Office division, as its new chief financial officer.

Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April. She takes up the job immediately, while Klein will remain at the company through the end of June.

A former Goldman Sachs banker, Hood joined Microsoft in late 2002. While at the Office division - Microsoft’s most profitable unit - she worked on the high-profile acquisitions of online chat service Skype and business networking company Yammer.

The appointment of Hood came as a mild surprise, given the seniority of Tami Reller, CFO of Microsoft’s flagship Windows unit, whom some had tipped for the job. Reller declined comment regarding the position last week.

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