Software giant Microsoft Corp. (MSFT), on Wednesday announced the appointment of Amy Hood as its new chief financial officer, effective immediately, replacing Peter Klein, who is set to leave by the end of June.
Steve Ballmer, Microsoft's chief executive stated, "She has been an instrumental leader in the Microsoft Business Division or MBD, helping lead the transition to services with Office 365 and delivering strong financial and operational management throughout her time on the business."
Hood, who joined Microsoft in December 2002, most recently served as the CFO of MBD. Hood has worked with Goldman Sachs in various roles, including the likes of investment banking and capital markets groups.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.