New year will ring in a new CFO at Microsoft

Stephen Withers
Thursday, 26 November 2009 08:36

IT People - People

The Microsoft CFO's office is about to get a new occupant. An internal promotion will see Peter Klein take control of the purse strings.

At the end of the year, former Carter Holt Harvey CEO Chris Liddell will step down from his current role as Microsoft's CFO.

His successor will be Peter Klein, current CFO of Microsoft's business division.

"I'm honored to take on the role of Microsoft CFO. I've learned a lot working with Chris, and I'm excited about the opportunities ahead for Microsoft,” said Klein.

"We have an incredible pipeline of products, we have strong financial and operational accountability, and we are well-positioned for growth as the economy recovers."

For his part, Liddell said "My time at Microsoft has been an outstanding experience, and I am delighted to be leaving the company in such great shape.

"We have built a world-class finance team and established strong internal accountability. Microsoft is coming out of the economic downturn with not only great product momentum but also strong discipline around costs and a focus on driving shareholder value."

As is often the way, Liddell is "looking at a number of opportunities".