Birthday: August 9, 1971
Who is Amy Hood?
Amy Hood is an American businesswoman. She currently works at Microsoft Corporation, serving as the Executive Vice President and Chief Financial Officer.
Hood is responsible for leading the company’s worldwide finance organizations. These roles include managing Microsoft’s business operations, acquisitions, treasury, tax planning, global real estate, accounting and reporting, internal audit, and investor relations.
Facts about Amy Hood:
- She joined the Microsoft Corporation in 2002.
- In the early days of her career, she admitted to imposter syndrome and how she felt unqualified at that time.
- She played a huge role in Microsoft’s acquisition of LinkedIn and GitHub.
- She encourages people to practice positive self-talk.
- To spend adequate time with her family and avoid burnout, Hood leaves the office at 4 pm every day.
- She owns a minority stake in Seattle Sounders FC with her husband.
- Since she took office, Microsoft’s stock values saw a rise of around 300%.
Famous Quotes from Amy Hood
“Whatever it is that gives you energy, fills up your tank, should be a priority.”
"I know my great ideas are a lot better now than the ones I had when I felt the constrained pressure and weight of perfection.”
“I didn’t just suddenly become confident. I did it slowly. You start with taking one risk.”
“I feel deeply responsible as a leader to pay it forward.”
Amy Hood Biography
Amy Hood was born in 1971 in Nashville, Tennessee. Hood grew up around educators. Most of her relatives were teachers, so she placed utmost importance on her education from a young age.
She often had high grades but still took the time to reflect on whether she had worked hard enough or not. Growing up, she did chores and took care of animals. She was also responsible for her learning and figuring out what she wanted to be in the future.
Hood never really considered taking a career that involved leadership positions. However, she changed her views when she went on to college. She went on to obtain a bachelor’s degree in economics from Duke University. She also has an MBA from Harvard University.
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Amy Hood previously worked in investment banking and capital markets groups for Goldman Sachs & Co. She said that her experience working with senior leaders helped her stretch farther than she thought was possible. This is where she started building confidence.
Hood began her work in Microsoft in 2002. She then became Microsoft Corporation’s chief financial officer in 2013 after replacing Peter Klein. She is Microsoft’s longest-tenured chief financial officer for two decades.
Before this, she was the chief financial officer of Microsoft’s Business Division, which was tasked with productivity applications and services. This consisted of SharePoint, Microsoft Office 365, Exchange, Office, Dynamic CRM, and Dynamics ERP.
She played a central role in convincing people to believe in Microsoft again as she helped the company’s finances in one of its most difficult times. Besides, Hood was one of the masterminds in Microsoft’s transition to Office 365 and Dynamics 365. She was also involved in the strategy development and overall performance of the company’s triumphant acquisitions of Skype and Yammer.
She worked hard to assist Microsoft gain momentum in cloud operations. She was also deeply involved in shifting Microsoft’s focus funding the emerging cloud computing division instead of Microsoft’s legacy, Windows. Currently, Microsoft is a significant player in the cloud-computing market.
Hood engineered close to 57 deals in the company. She also masterminded the acquisition of LinkedIn in 2016 and GitHub at the end of October 2018. As if that is not enough, she played a significant role in acquiring the popular videogame, Minecraft. Ultimately, Hood has made various contributions to reconstruct the company digitally.
In 2017, Hood was elected to be a part of 3M’s Board of Directors. Amy Hood and her husband Max Kleinman, own a minority stake at a major league soccer club known as Seattle Sounders FC.
What is Amy Hood’s Net Worth?
As of 3rd September 2020, Amy Hood’s net worth was estimated to be at least $192 million. As the CFO and Executive Vice President at Microsoft, Hood earns $20,227,600. She also owns at least 80,000 units of Microsoft stock that are at valued over $113,035,130. She sold over $58,468,183 of MSFT stock over the last 8 years.
Amy Hood’s continuous successful leadership in Microsoft gave her various accolades, which she rightfully deserves. The following are the list of all her achievements over the years:
- Youngest Power Women: 14 Under 45, 2014
- Number 8 Business Insider’s Wealthiest Women in Technology Industry, 2014
- Fortune Magazine’s Most Powerful Women, 2016
- Number 48 The Most Powerful Women in Tech, 2019
- Number 28 Forbes’ World’s 100 Most Powerful Women, 2020
- Winner of the Puget Sound Business Journal's 2016 CFO of the Year Award for a Public Company