Tuesday, 14 May 2013 10:24

Breaking News: Microsoft Names New CFO (5/14 2013) Featured

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Microsoft Names New CFO From Within Ranks

Microsoft has named Amy Hood, 41 as its first woman CFO, replacing Peter Klein, 49, who will be leaving the company. Hood joined Microsoft in 2002 and currently serves as CFO of Microsoft's Business Division (MBD), overseeing all financial strategy, management and reporting. During her time as CFO of MBD, Hood was also deeply involved in the strategy development and overall execution of the company's successful acquisitions of Skype and Yammer. Previously, Hood served as chief of staff in the Server and Tools group, then ran the strategy and business development team in MBD before becoming CFO of the division in 2010. Before joining Microsoft as a part of the investor relations group, she worked at Goldman Sachs in various roles including investment banking and capital markets groups.

Klein will leave after nearly four years in role and 11 years at the company. Prior to being named Microsoft CFO, Klein served as Corporate VP and CFO of Microsoft's Business Division (MBD). Before joining MBD in 2006, Klein was CFO of Microsoft's Server & Tools Business Group (STB). He joined Microsoft in 2002. Prior to joining Microsoft, Klein spent 13 years in corporate finance in the Seattle area, primarily in the communications and technology sectors.  This included senior roles at McCaw Cellular Communications; Orca Bay Capital, a private equity firm; and several startups, including Homegrocer.com, where as VP and treasurer he helped lead an IPO and subsequent acquisition by Webvan.

Read 2679 times Last modified on Tuesday, 14 May 2013 10:27
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

www.vell.com/

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