Ina Fried

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Microsoft Names Amy Hood New CFO, the First Woman to Hold the Post

amy_hoodMicrosoft on Wednesday said that finance executive Amy Hood is taking over as CFO, effective immediately.

Hood replaces Peter Klein, who last month announced plans to step down.

“Amy brings the right talents and experiences to the role as we continue to strengthen our focus on devices and services,” CEO Steve Ballmer said in a statement.

Hood, 41, has been at Microsoft for just over a decade, most recently serving as financial chief for the unit that includes Office.

With the move, Hood becomes the first woman to serve as financial chief. Microsoft also named Julie Larson-Green and Tami Reller to head the Windows business, also marking the first time that unit was not headed by a man.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work