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Tami Reller
Tami Reller

Microsoft is on the hunt for a new chief financial officer, and a report out from Bloomberg suggests that two internal candidates are in the running.

Citing people with knowledge of the matter, Bloomberg reports that Tami Reller — the finance chief for the Windows division — and Amy Hood — the finance chief for the Office division — are the top candidates. If Reller or Hood are chosen, they would be the first woman to hold the CFO title at Microsoft.

Both joined Microsoft just over a decade ago, Reller arriving through the acquisition of Great Plains Software, where she held the CFO post. Hood previously worked in investment banking at Goldman Sachs, and assisted recently in the Microsoft acquisitions of Skype and Yammer.

Bloomberg notes that vice president Rik van der Kooi also is in the running, and that a decision could be announced next week.

Whoever takes over the top job will have a difficult slog ahead. Microsoft’s stock hasn’t moved much in the past five years, up just 12 percent. The executives also will face a tough market for Windows 8, with analysts noting that PC shipments are falling even in the wake of the release of Microsoft’s new operating system in October.

Microsoft CFO Peter Klein announced his plans to leave last month after 11 years at the company. Here’s Reller discussing the company’s Internet Explorer 9 in a recent interview with Bloomberg.

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