Microsoft Shares Shrug Off CFO Swap

Microsoft(MSFT Quote)'s surprise CFO swap is not expected to impact investors, despite the impending departure of Chris Liddell, the company's finance guru.

The company's stock dipped 16 cents, or 0.53%, to $29.75, despite a modest uptick in tech stocks that saw the Nasdaq rise 0.33%. The software giant announced Liddell's departure late Tuesday, explaining that the popular New Zealander had resigned "to pursue other opportunities.

" Keen to maintain continuity, Microsoft has already promoted Peter Klein, the corporate vice president and CFO of the company's Business Division, to Liddell's role.

Read Full Article from TheStreet.com

- Posted: 2009-11-25 12:10:27

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