Microsoft has named Amy Hood as its new chief financial officer (CFO) effective immediately.



From V3:

Hood will step in to replace Peter Klein, who announced his intent to leave the company earlier this year. She will step into the role after serving as CFO of the Microsoft Business Division. The company said that Klein will work with Hood through the rest of the month on transitioning into the new role.

"Amy brings the right talents and experiences to the role as we continue to strengthen our focus on devices and services," said Microsoft chief executive Steve Ballmer.

  Microsoft names Amy Hood as CFO