Microsoft's Chief Financial Officer Amy Hood is among eight new faces on the Fortune 2016 Most Powerful Women list. It is arguable that Hood's inclusion was a foregone conclusion considering the big role she has played this year. Not least in Microsoft's $26.2 billion acquisition of LinkedIn.
Certainly, she is the leading woman at Microsoft and is deserving of her place on the list. Amy Hood was placed at number 31 on the list. It is an achievement in the field too as she is the only new tech addition. Fortune expressed surprise at this, considering how important the tech industry is. Speaking of Hood, the publication called her the “right hand” of Microsoft CEO Satya Nadella.
“She is overseeing the financial side of the $85.3-billion-in-revenue company's transition to cloud computing, including nearly $7 billion in spending on new data centers last year,” Fortune says.
In its general description of Hood, Forbes says: “As the No. 2 at Microsoft, CFO Amy Hood helped to orchestrate $93.6 billion in revenue for the 2015 fiscal year, a $6.7 billion increase over the previous fiscal year. The company also reported triple-percentage revenue growth of its Azure cloud platform, along with high growth in business process applications such as CRM online.”
Amy Hood has enjoyed a meteoric career at Microsoft. She became the first female CFO in the company's history in 2013 when she replace Peter Klein. After Kevin Turner left Redmond, Hood moved to the Chief Operating Officer position. We covered Turner's departure as it came as a surprise, resulting in an executive reshuffle.
That restructure put Hood in charge of the SMSG finance team, WWLP, and the central finance teams. Hood has actually appeared on the Forbes list before. She placed number 51 in the 2014 World's 100 Most Powerful Women list.