The Fortune 2016 Most Powerful Women list is an annual collection of the most influential business women for the year. So it isn’t that surprising that Microsoft’s Chief Financial Officer Amy Hood made the list with eight other new faces. Her participation in the purchase of the $26.2 billion prize LinkedIn has set her above others in her field and in the company.
Fortune placed her at #31 on their list, and to Fortune’s own disbelief, is the only new person on the roster this year that is from the technology field. Fortune doted on the “right hand” to Microsoft CEO Satya Nadella in her description.”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,” it reads.
Amy Hood is also the first female CFO at Microsoft, having been promoted in place of Peter Klein on May 8, 2013. She also took over some of the Chief Operating Officer’s roles not long after Kevin Turner left Microsoft. The controversial retirement just a few months ago left some unexpected pressure on Nadella to reorganize the corporation. As a result, he decided to split the COO’s responsibilities across several Microsoft executives. Due to the structural shift of duties, she took over leading the SMSG finance team, WWLP, and central finance teams.
This isn’t the first time Hood was placed on a World’s 100 Most Powerful Women list. Forbes gave her the honor in 2014 by placing her as #51 on their list. But as of late she’s slid up the bracket and is now settled as a comfortable #44.
It seems like her bachelors and business degrees from Duke and Harvard are certainly paying off for Microsoft. Proving to be a valuable asset to the company, Amy Hood has so far continued her rise on the lists.Further reading: Amy Hood, Microsoft