Microsoft promotes Klein to CFO

Microsoft has named Peter Klein as its new chief financial officer, as former CFO Chris Liddell prepares to leave the company at the end of the year.

Klein joined Microsoft in 2002 and currently works as CFO for the Business Division. Liddell has worked for Microsoft since 2005.

He will work closely with Klein until December 31st to ensure a smooth transition and is now looking to expand his career beyond CFO.

Chris and his finance team have accomplished a great deal over the past four and a half years,” said CEO Steve Ballmer.

Peter brings great finance and operations expertise and a deep understanding of the company, and I am looking forward to a smooth transition that continues our commitment to cost containment and finance excellence.”

Klein added: I’m honoured 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.

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.”