Microsoft CFO Peter Klein to depart in June

Microsoft will be losing one of its major executives in the near future. As part of Microsoft's latest financial news press release, the company announced that its chief financial officer Peter Klein will leave the company at the end of its fiscal year in June.

Klein first started work at Microsoft in 2002 after previously working in corporate finance for a number of companies in the Seattle area. While at Microsoft, he served as the CFO for the company's Server and Tools division and later was the corporate vice president and CFO of Microsoft's Business division. He took over as CFO of the entire company in 2009.

In today's press release, Microsoft said they would name Klein's replacement in the next several weeks and that the new CFO will come from inside Microsoft. Klein is quoted as saying, "I've had a great experience as CFO and overall in my time at Microsoft. We have an incredibly strong finance organization, and I’m looking forward to working with my successor on the transition through the end of the fiscal year.”

Microsoft CEO Steve Ballmer is quoted as saying, "It has been a pleasure to work with Peter as CFO. He’s been a key member of my leadership team and a strategic advisor to me, and I wish him the very best." There is no word on what Klein has in mind for his future plans.

Source: Microsoft | Image via Microsoft

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