Tech News

Microsoft hunts internally for CFO: Report suggests it’s Tami Reller vs. Amy Hood

Microsoft is on the hunt for a brand new chief monetary officer, and a report out from Bloomberg suggests that two inside candidates are within the operating.

Citing folks with information of the matter, Bloomberg experiences that Tami Reller — the finance chief for the Home windows division — and Amy Hood — the finance chief for the Workplace division — are the highest candidates. If Reller or Hood are chosen, they might be the primary girl to carry the CFO title at Microsoft.

Each joined Microsoft simply over a decade in the past, Reller arriving by the acquisition of Nice Plains Software program, the place she held the CFO put up. Hood beforehand labored in funding banking at Goldman Sachs, and assisted not too long ago within the Microsoft acquisitions of Skype and Yammer.

Bloomberg notes that vice chairman Rik van der Kooi is also within the operating, and {that a} choice could possibly be introduced subsequent week.

Whoever takes excessive job could have a tough slog forward. Microsoft’s inventory hasn’t moved a lot prior to now 5 years, up simply 12 p.c. The executives additionally will face a troublesome market for Home windows 8, with analysts noting that PC shipments are falling even within the wake of the discharge of Microsoft’s new working system in October.

Microsoft CFO Peter Klein announced his plans to depart final month after 11 years on the firm. Right here’s Reller discussing the company’s Internet Explorer 9 in a latest interview with Bloomberg.

Back to top button