Thursday, May 9, 2013

Microsoft's new CFO and why Wall Street cares

Article first published as Microsoft's New CFO and Why Wall Street Cares on Technorati.




Amy Hood, Microsoft's new CFO.   It's a name I'm sure nobody knows outside of financial circles.  To the executive suites of Microsoft, however, nothing could be further from the truth.  After all, her last job was CFO of the  business division which just so happens to be the most profitable but the least glamorous. 

Let's be honest here, it's unlikely  Chairman Ballmer will be leaping across a stage to announce a new server product anytime soon. 

If you're a Microsoft shareholder fatigued over an incessant news cycle bent on denouncing Windows 8,however, it's likely you're delighted.  Hood not only oversaw the primary cash cow that nobody talks about, she also served as Chief of Staff for the Server and Tools unit. 

More than just chief bean counter her job was to set the tone for Wall Street in all things Microsoft Enterprise and she knew from whence she spoke.

Now her job is to do the same thing companywide and she's perfect for it.  Microsoft owns the Enterprise for most of the Fortune 500 and that's the story they want to tell.   Consumers likely won't care about who's CFO but they don't buy Microsoft shares either.

Let the pundits go on about the botched launch of Windows 8 and an interface only a video poker machine could love.  In the end it's the enterprise that will keep Microsoft viable long after Windows 8 is as distant a memory as new formula Coca-Cola.