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Amy Hood Assumes Role As Microsoft’s First Female Chief Financial Officer

Amy Hood Microsoft is taking another step toward gender equality in the office in electing Amy Hood as the first female chief financial officer, the highest finance position in the company.   

Hood has been with Microsoft since 2002 and is replacing Peter Klein, who resigned to spend more time with his family. In an effort to help the transition,  Klein will stay with the company through June. Formerly, Hood acted as chief financial officer for the business division — overseeing Office suite, one of Microsoft’s most successful products. 

Some of Hood’s new roles include transitioning Microsoft from PCs to mobile and creating a cloud service, among other adaptations for technological advances. The company is working hard to shift its focus more toward devices and services, said Chief Executive Officer Steve Ballmer. 

“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,” he wrote in an email Wednesday to employees.  

Ballmer praised Hood’s critical thinking and her assistance in Microsoft’s procurement of Skype and Yammer. She will also act as Wall Street Ambassador for the company, which has had a recent increase in investors. Stocks are currently sharing close to a 52-week high.  

While senior leadership roles are still male-heavy, Microsoft has been adding more women to top offices in recent years. Julie Larson-Green and Tami Reller were asked to head the engineering and finance departments of Microsoft’s Windows division last year. Most notably is Lisa Brummel who is in charge of the human resources department as chief people officer. 

Source: The New York Times, FoxNews

Photo Sources: Logo, Amy Hood

Ingrid Sjostrand

Ingrid is currently the Content Manager for Mogul Media LLC. Her responsibilities include creating and building content for Mogul Media sites, working with the editorial team and publishing content. Ingrid manages LNG Digital and Mogul Media, as well as collaborating on the Daily Deal Media and Digital Michigan sites. She interacts with the sites’ community and audiences through social pages/groups/twitter. Ingrid grew up in Clarkston, Mich. and enjoys running, volunteering (mostly with puppies) and reading in her free time.
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