Microsoft appoints new CFO from Office divisionMay 8, 2013 @ 1:36 pm
REDMOND, Wash. (AP) - Microsoft says its new chief financial officer is Amy Hood, previously CFO of the Office division.
She replaces Peter Klein, who announced his departure three weeks ago. He has been CFO for four years.
Hood, 41, joined Microsoft Corp. in 2002. Before that, she worked at Goldman Sachs. She has a master's degree in business administration from Harvard University.
Klein is staying with the company until June to help keep the transition smooth. Klein says he's leaving to spend more time with family.
The CFO transition comes as the software company is battling a steep decline in consumer PC sales. It's trying to get its software into more tablets and smartphones, which are drawing consumer dollars away from PCs.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Jason Rantz says actually, there are laws to address negligent gun owners
Best in the House
With Seahawks home games 'sold out' the ticket price of this seat doesn't seem so bad
Microsoft releases a band that monitors more than just your fitness
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.