Microsoft finance chief heads off to new venture
C|Net | at | by Mike
Microsoft said Tuesday that Chief Financial Officer John Connors is leaving the company to take a job with a venture capital firm.
The company said that the 16-year Microsoft veteran would become a partner at Ignition Partners, a Seattle-area venture firm. Connors had served as CFO for the last five years and most recently helped spearhead a plan to return $75 billion to shareholders over four years, including a one-time $32 billion payout that took place last year. Connors also presided over another major shift, in 2003, when the company switched from awarding workers stock options to instead giving actual shares of restricted stock.