Amy Hood Explained

Amy Hood
Birth Date:9 August 1971
Education:Duke University (BA)
Harvard University (MBA)
CFO of Microsoft
Term:December, 2013-
Predecessor:Peter 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 8 May 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, Hood's compensation reached nearly $20.3 million, with $19.1 million as 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] 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.[8]

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 ranked 63 in the Forbes list of The World's 100 Most Powerful Women,[9] and 2021, she was ranked #28 on the list.[10]

In 2023, Amy ranked 23rd in Forbes list of "World's 100 most powerful women".[11] She was ranked 17th on Fortune's list of Most Powerful Women in 2023.[12]

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 FC.[13]

External links

Notes and References

  1. Web site: Microsoft names Corporate Vice President Amy Hood as new Microsoft chief financial officer. Microsoft. 17 July 2013.
  2. Web site: Microsoft names insider Amy Hood as CFO . www.reuters.com . dead . https://web.archive.org/web/20130509115952/http://www.reuters.com/article/2013/05/08/us-microsoft-cfo-idUSBRE94711Q20130508 . 2013-05-09.
  3. News: Bass . Dina . Microsoft Names Amy Hood as First Female Finance Chief . 17 July 2013 . Bloomberg . 9 May 2013.
  4. News: Tu . Janet . Microsoft names Amy Hood as new chief financial officer . 17 July 2013 . The Seattle Times . 8 May 2013.
  5. Web site: Amy Hood . 2022-09-22 . Forbes .
  6. Web site: 2019-10-16 . Microsoft CEO Satya Nadella made $42.9 million in its last fiscal year, up 65 percent from the year before (MSFT) . 2023-07-25 . Business Insider Africa .
  7. Web site: Amy Hood Biography for Kids . 2023-07-24 . www.lottie.com.
  8. Web site: Finding Mastery Podcast 062: Amy Hood . 2023-07-24 . Finding Mastery .
  9. Web site: The World's 100 Most Powerful Women . 17 July 2013 . Forbes.
  10. Web site: Amy Hood . 2022-09-22 . Forbes .
  11. Web site: The World’s Most Powerful Women 2023 . Forbes . en.
  12. Web site: Most Powerful Women . . en.
  13. Web site: Amy Hood Biography for kids . 11 March 2022 . Lottie.