Microsoft appoints new CFO
BusinessTech.co.za - May 10th 2013, 08:24
Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer.
Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April. She takes up the job immediately, while Klein will remain at the company through the end of June.
A former Goldman Sachs banker, Hood joined Microsoft in late 2002. While at the Office division – Microsoft’s most profitable unit – she worked on the high-profile acquisitions of online chat service Skype and business networking company Yammer.
The appointment of Hood came as a mild surprise, given the seniority of Tami Reller, CFO of Microsoft’s flagship Windows unit, whom some had tipped for the job. Reller declined comment regarding the position last week.
Clover's R4.7bn deal gets Competition Commission nod
22/07/2019 - 10:12
The Competition Commission has approved, with conditions, the R4.8bn sale of branded foods and beverages group Clover Industries to a consortium led by Tel Aviv-based Central Bottling Company, Clover said on Friday.
China’s online shopping to disrupt the world soon enough
19/12/2018 - 07:51
While SA’s retail sector is yet to fully embrace e-commerce, its Brics partner, China has become a behemoth in online shopping, which accounts for a massive chunk of luxury retail around the world.
Pick n Pay focuses on 15,000 jobs and 4 new initiatives
31/07/2018 - 08:32
While South Africa is not over the worst yet, the country is heading in a distinctly more optimistic direction, says Pick n Pay chairman Gareth Ackerman, speaking at the company’s AGM on Monday (30 July).
Amazon rivals Walmart and Microsoft join forces in cloud partnership
17/07/2018 - 11:05
Retail giant Walmart said it entered into a strategic partnership with Microsoft for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.com coming together.
Why agriculture is vital for SA's economic future
12/07/2016 - 14:37
Pretoria- Countries that tax agricultural sectors are normally poor. Countries which subsidise the agricultural sector are normally rich.