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Amy Hood

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Amy Hood
Hood in 2021
Born (1971-08-09) August 9, 1971 (age 53)
EducationDuke University (BA)
Harvard University (MBA)
TitleCFO of Microsoft
TermDecember, 2013-
PredecessorPeter Klein

Amy Hood (born August 9, 1971), is an American business executive serving as Executive Vice President and Chief Financial Officer of Microsoft since 2013. Hood is the first female CFO in Microsoft's history.[1][2]

Career

Hood joined Microsoft in 2002, holding positions in the investor relations group. She also served as chief of staff in the Server and Tools Business as well as running the strategy and business development team in the Business division. Previously, she worked at Goldman Sachs in various roles including investment banking and capital markets groups. On May 8, 2013, Microsoft announced Hood would be replacing Peter Klein as the company's chief financial officer.[3][4] During her time at Microsoft, she helped orchestrate over 57 deals, including the $7.5 billion acquisition of GitHub in 2018. [5] In 2019 Microsoft Hood's compensation reached nearly $20.3 million, $19.1 million in stock awards and incentives. She was the company's second-highest-paid executive for the year.[6]

Early life and education

For the first 12 years of her life Hood grew up in Morehead Kentucky and then in Nashville, Tennessee. [7][8] Her father was a medical doctor, and her mother taught nursing. She has a sister who is a paediatrician. Hood was raised in the community of the church, it was the center of the value system, and she adopted the value that one did things for a bigger purpose not always the self. She was on the math team in school.[9]

Hood holds a bachelor's degree in economics from Duke University in 1994 and an MBA from Harvard University.

Honors and recognition

In 2013, she was #63 in the Forbes list of The World's 100 Most Powerful Women,[10] and 2021, she was ranked #28 on the list. [11]

Personal life

Hood is married to Max Kleinman, a former partner at Accenture. Hood and her husband are also minority owners of Major League Soccer's Seattle Sounders.[12]

References

  1. ^ "Microsoft names Corporate Vice President Amy Hood as new Microsoft chief financial officer". Microsoft. Retrieved 17 July 2013.
  2. ^ "Microsoft names insider Amy Hood as CFO | Reuters". www.reuters.com. Archived from the original on 2013-05-09.
  3. ^ Bass, Dina (May 9, 2013). "Microsoft Names Amy Hood as First Female Finance Chief". Bloomberg. Retrieved 17 July 2013.
  4. ^ Tu, Janet (May 8, 2013). "Microsoft names Amy Hood as new chief financial officer". The Seattle Times. Retrieved 17 July 2013.
  5. ^ "Amy Hood". Forbes. Retrieved 2022-09-22.
  6. ^ "Microsoft CEO Satya Nadella made $42.9 million in its last fiscal year — up 65% from the year before (MSFT)". Business Insider Africa. 2019-10-16. Retrieved 2023-07-25.
  7. ^ Nurturing belonging and inclusion (with Amy Hood) - Positive Leadership, retrieved 2023-07-24
  8. ^ "Amy Hood Biography for Kids". www.lottie.com. Retrieved 2023-07-24.
  9. ^ "Finding Mastery Podcast 062: Amy Hood". Finding Mastery. Retrieved 2023-07-24.
  10. ^ "The World's 100 Most Powerful Women". Forbes. Retrieved 17 July 2013.
  11. ^ "Amy Hood". Forbes. Retrieved 2022-09-22.
  12. ^ "Amy Hood Biography for kids". Lottie. Retrieved 11 March 2022.