Microsoft appoints first female CFO

Company veteran Amy Hood replaces Peter Klein as first woman in chief financial officer position at Xbox maker.

Xbox owner Microsoft this week appointed Amy Hood as chief financial officer. She will replace outgoing CFO Peter Klein and is the first female CFO in the company's history.

Klein announced his intentions to leave Microsoft last month. He will stay on-board at the company through June to ensure a "smooth transition." Hood, 41, becomes CFO effective immediately.

Hood joined Microsoft in 2002 and most recently served as CFO of Microsoft Business Division, where she oversaw all financial strategy and management of the $24.1 billion business. Hood also oversaw the execution of several acquisitions, including Skype for $8.5 billion and Yammer for $1.2 billion.

"Amy brings the right talents and experiences to the role as we continue to strengthen our focus on devices and services," Microsoft CEO Steve Ballmer said in a statement. "She has been an instrumental leader in the Microsoft Business Division (MBD), helping lead the transition to services with Office 365 and delivering strong financial and operational management throughout her time on the business."

Prior to joining Microsoft, Hood worked at investment firm Goldman Sachs in various roles. She attained a bachelor's degree in economics from Duke University and a master's degree in business administration from Harvard University.

Hood is Microsoft's first woman to serve as CFO and one of four female executives at the company. Others include Windows CFO and chief marketing officer Tami Reller, Windows corporate vice president Julie Larson-Green, and chief people officer Lisa Brummel.

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Eddie Makuch

Eddie Makuch is a news editor at GameSpot, and would like to see the Whalers return to Hartford.
240 comments
Guest1001
Guest1001

This is news ... ?

Okay, Gamespot -- Eddie -- we need to have a little talk. Have you noticed how in Microsoft's press release, they didn't mention anything about Amy Hood's gender? Have you noticed how they focused on her achievements and NOT the fact that she had two X chromosomes?

There's a reason they did this; because her achievements are what matter, not her gender. You're dumbing down employment and making it seem like something special when a woman gets a promotion when it should be just as normal as when a guy does. By mentioning Hood's gender in the title of this article, you're singling it out as something out-of-the-ordinary to be applauded rather than something regular and everyday. It's like you're rewarding a dog for learning a new trick. You're giving Microsoft a pat on the head and telling it what a good little company it's been.

I don't wish to stereotype but this does seem to be a very American attitude to take (sorry my US friends!). When Kathryn Bigelow won Best Director, Barbra Streisand -- who was presenting the award -- said "finally!" before giving it to her, something that was criticised overseas (such as by female UK presenter Victoria Coren).

vadagar1
vadagar1

lol why are people such dicks in the comments ??

TerminalError
TerminalError

Another useless article by Eddie.

If this appointment had some immediate relevance to the gaming community then fine, but...i'm just sitting here thinking, SO WHAT?

Bob was appointed as chief burger flipper at Mc Donalds...Do you care about that?

nate1222
nate1222

Well, the comments section further confirms what I've been coming to grips with about the internet:

News isn't delivered to us to "inform" us; it's delivered to us so that losers can feel like King Kong behind a keyboard via snide remarks. 

ShinjiEx
ShinjiEx

Another reason of a dozen why I'm not buying the next xbox LOL :)

Avenger1324
Avenger1324

What I want to know from the new CFO of a gaming division is whether they have any interest in gaming, or are just there because they are good with figures or acquiring other companies.

hund2110
hund2110

Wow, this thread reads like a competitive, no-holds barred "Who can write the stupidest shit so they can get featured on Feedbackula" competition.


Guys, the news isn't that Microsoft hired a woman CFO. It's that they hired a woman CFO FOR THE FIRST TIME EVER. If you're interested in the inner workings of the games industry - as Gamespot perhaps mistakenly assumes you are - then that is newsworthy.


There's a scene in The Aviator where Katherine Hepburn's well-to-do family explains to Howard Hughes that they "don't care about money in this family", to which Hughes replies "Because you've always had it." 

It's easy to say that you don't care about gender or race, if you've never been oppressed, excluded or discriminated because of it.

blackrunie
blackrunie

I hope one day a woman becomes CEO of microsoft and no one'll refer to her as ''the first/second/third woman to ever get the position''.

it still carries a tincture of sexism, in my opinion, that it's somehow surprising that a woman is now CEO.

it's fine, but don't focus on her being the first ever female CEO, mention it as a side-fact but don't put it as the headline and focus on it that much.

hund2110
hund2110

Wow, this thread reads like a competitive, no-holds barred "Who can write the stupidest shit so they can get featured on Feedbackula" competition.


Guys, the news isn't that Microsoft hired a woman CFO. It's that they hired a woman CFO FOR THE FIRST TIME EVER. If you're interested in the inner workings of the games industry - as Gamespot perhaps mistakenly assumes you are - then that is newsworthy.


There's a scene in The Aviator where Katherine Hepburn's well-to-do family explains to Howard Hughes that they "don't care about money in this family", to which Hughes replies "Because you've always had it." 

It's easy to say that you don't care about gender or race, if you've never been oppressed, excluded or discriminated because of it.

PlusFour
PlusFour

She's.... she's staring into my soul.....i feel something. I feel the need to purchase family friendly kinect games and a low, low price.

Oldgun
Oldgun

Why does she look like chucky from Childs Play movies....

maximo
maximo

women running stuff... how exciting... NOT

getting sick of this tripe. How is this news?

Gamespot. Lift your game and start reporting on something more wirthshile

Your site is becoming stale

RitsukoEX
RitsukoEX

great...so all the money will be pulled to Kinect family games......yay......

Gargus
Gargus

Who cares?

How exactly does her being a woman make for news?

ahpuck
ahpuck

Yo, Gamespot! We just hired a girl in my office, wanna make it a big brouhaha about it?

keldarironfist
keldarironfist

So this POS worked for goldman sachs? That explains everything. A nice white bread education at overpriced private colleges. Gotta love dat 1%

kyosukeugc
kyosukeugc

Trusting a woman with your finances... BIG mistake!

Kitmas
Kitmas

Amy Hood on Twitter:

Wearing Bigass saftely goggles while getting a spray tan #LikeABoss

wyan_
wyan_

CFO now stands for Chief Fuckable Officer.

1337hackz
1337hackz

Who cares. Anytime a woman does anything gamespot makes a story about it. 

RavageCobra
RavageCobra

This is the kind of crap that causes sexism between gamers. "Oh, the first woman CFO employee ever in Microsoft! Something to write an article about!"

Eddie, you keep giving me reason not to come to this site anymore.

splinter10
splinter10

Good for her. But I don't see why it's news.

onixevil
onixevil

yeah!!! Women love more kinect games .

oOhedzOo
oOhedzOo

In short, Microsoft is saying we are not sexiest or maybe it's just this article.

naryanrobinson
naryanrobinson

"Company veteran Amy Hood replaces Peter Klein as first woman in chief financial officer position at Xbox maker."

Peter Klein was the previous first woman at Microsoft.

Nice one Eddie.

nemes1s3000
nemes1s3000

Just a broad who makes more money than me.. who gives a shit..?

jsmoke03
jsmoke03

thats cool. congratulations for her

sk8oridie44
sk8oridie44

I find it stereotypical that they are solely pointing out her gender. Another human being got the job. I thought we are bigger then stereotyping human beings? 

Kitmas
Kitmas

she must go tot he beach with safety goggles.

jeremyc99999
jeremyc99999

Sweet, I can't wait for the new cooking and cleaning sims coming to XBLA.

6orange6
6orange6

"She attained a bachelor's degree in economics from Duke University and a master's degree in business administration from Harvard University.'

well, one thing is for sure; the MS employee who ran that photo through the photoshop dodge and burn tool doesn't have a masters degree in art.

OneStrong2
OneStrong2

Oh brother. Hood is the first female....blah...blah....blah. Another article touting a woman, on the basis of her gender, prior to her making a single financial decision for microsoft. You don't get anywhere without time, dedication, experience, hard work, or any combination of the aformentioned qualities. Second, regardless of your gender, if you don't do your job you don't deserve the position. I'm kinda sick of all this "female empowerment" crap. Just because you have a vagina doesn't make your behind a rocketpack!

tommynj
tommynj

Congrats, keep up the good work!

Sardinar
Sardinar

Yeah, announce it like it's a big deal. I really don't give a shit about the gender of the person in charge in a financial position - I don't know, maybe other people do huh?

fredwv
fredwv

I've seen worse...

maybock3000
maybock3000

Microsoft has officially hit ROCK BOTTOM! No thank you Windows 8, thank you goodnight!

adroge1
adroge1

All these comments are awesome....

now where's my samich.

ken_wakashimazu
ken_wakashimazu

first order of business:

1- change xbox name from infinity to the xbox faboosh

2 - allow always online in the kitchen

3 - limit xbox live market sales to february 14th

Jake518
Jake518

A lot of the comments on this thread involve unoriginal jokes.

CeZar_87
CeZar_87

Only two places women belong are the Kitchen & the Bedroom. Anywhere else is trespassing.

jayjay444
jayjay444

Good for her, I don't mind a wooman in charge, hope she love's her new job and bring's more to the table, congrats. :D

PesmergaYuber
PesmergaYuber

I guarantee she makes less than her predecessor

CriticalCritic
CriticalCritic

The moment she says "WE NEED MORE WOMEN IN THE INDUSTRY" is the moment I sell my Xbox. Fair warning, MS.

Pangamaster
Pangamaster

Go Blue!!! Nice to see a Dukie land such a nice job; it almost makes me wanna graduate