Microsoft appoints new CFO
BusinessTech.co.za - May 10th, 08:24
Microsoft Corp on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer.
Hood, 41, the first woman to hold the CFO post at Microsoft, takes over from Peter Klein, who announced his departure in April. She takes up the job immediately, while Klein will remain at the company through the end of June.
A former Goldman Sachs banker, Hood joined Microsoft in late 2002. While at the Office division – Microsoft’s most profitable unit – she worked on the high-profile acquisitions of online chat service Skype and business networking company Yammer.
The appointment of Hood came as a mild surprise, given the seniority of Tami Reller, CFO of Microsoft’s flagship Windows unit, whom some had tipped for the job. Reller declined comment regarding the position last week.
Microsoft reports powerful performance
25/10/2013 - 09:58
Microsoft Corp cruised past Wall Street’s quarterly profit and revenue forecasts on Thursday, helped by strong sales of its Office and server software to businesses, sending its shares up more than 5 percent after hours.
Manufacturers’ sentiment index jumps to 36,61 in third quarter, Namibia
23/10/2013 - 10:12
The manufacturers’ sentiment index jumped to 36,61 in the third quarter of this year from the -14,89 recorded at the end of the previous quarter, Simonis Storm Securities (SSS) said in a report released earlier this month.
Shoprite operating normally, license intact - minister, Zambia
22/10/2013 - 09:30
Minister of Labour and Social Security, Fackson Shamenda, says Shoprite is operating normally and its operating licence is still in force.
UNZA shopping mall to cost K248m. Zambia
22/10/2013 - 09:06
The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million.
Role of venture capital in Namibian economic growth
22/10/2013 - 08:06
The Namibian Government is injecting huge stimulus into the Namibian economy in order to accelerate the growth of local enterprises. The recent promulgation of the amended Regulation 28 and 29 of the Pension Funds Act has the potential to unlock capital and channel its flow towards entrepreneurial businesses.