Microsoft Appoints First Female CFO

Bangalore: Microsoft has appointed Amy Hood as its chief financial officer (CFO) at the company. Hood is also the first woman to hold the financial executive position at Microsoft.

Hood, 41, replaces Peter Klein, who recently announced his resignation, so that he can spend more time with his family. Prior to her latest role, Hood was the chief financial officer of Microsoft’s business division, the unit that oversees its lucrative Office suite of applications.

Hood is not the only woman holding an executive post, as Lisa Brummel, the chief people officer, runs the company’s human resources department.

Now as the CFO, Hood will have to play a bigger role by helping Microsoft to acclimatize the market changes and company’s shift from PCs to mobile devices.

Apart from the CFO post, Hood will also serve as Microsoft’s ambassador at Wall Street, which are still doubtful at the company’s projects in the new business called Internet Search.

“Amy is a great collaborator with a history of successful cross-group projects, and I am looking forward to having her as a member of my leadership team,” Ballmer said, as quoted by Newyork Times.

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