3M Adds Microsoft’s CFO to its Board
3M added the chief financial officer of Microsoft, Amy Hood, to its board of directors on Monday.
“We are extremely pleased to welcome Ms. Hood to our board,” 3M CEO Inge Thulin said in a statement. “She brings her tremendous skill and immense experience to our board, especially in strategic business development, finance, and digitization.”
Hood will serve on the finance committee on 3M’s board.
At Microsoft, Hood has overseen acquisitions, treasury activities, tax planning, accounting and reporting, and internal audit and investor relations activities since July 2013, when she became CFO of the Redmond, Washington-based technology company.
Prior to this role, she was the chief financial officer of Microsoft’s productivity applications and services division, which includes programs like Microsoft Office 365 and Dynamics 365.
As part of her role in pursuing new market opportunities, Hood helped lead two of Microsoft’s largest acquisitions in recent years: its purchase of Mojang AB, maker of the popular video game Minecraft, and LinkedIn, the social networking site geared toward professional relationships.
In 2016, Hood was named to Fortune magazine’s “Most Powerful Women” list.
Maplewood-based 3M said Hood’s addition to the board was effective immediately.