Summary
This Form 8-K filing from Microsoft Corporation, dated May 23, 2005, primarily announces a key executive change within its finance department. J. Scott Di Valerio has been promoted to Corporate Vice President, Finance and Administration and Chief Accounting Officer, effective May 23, 2005. This appointment is significant as it places a seasoned finance professional in a critical oversight role for the company's financial reporting and administration. Investors should note Mr. Di Valerio's extensive experience, including his prior role as Corporate Controller at Microsoft since April 2003, and previous positions at The Walt Disney Company and PricewaterhouseCoopers. His background as a CPA and his long tenure in finance suggest a strong foundation for his new responsibilities. The filing also explicitly states that Mr. Di Valerio is an at-will employee with no specific employment agreement, a common practice for such executive roles.
Key Highlights
- 1J. Scott Di Valerio appointed Corporate Vice President, Finance and Administration and Chief Accounting Officer, effective May 23, 2005.
- 2Mr. Di Valerio has served as Corporate Vice President and Corporate Controller since April 2003.
- 3Extensive prior experience includes roles at The Walt Disney Company and 15 years at PricewaterhouseCoopers.
- 4Mr. Di Valerio is a Certified Public Accountant (CPA).
- 5The appointment signifies a strengthening of Microsoft's financial leadership.
- 6Mr. Di Valerio is an at-will employee with no specific employment agreement.
- 7This filing is a standard 8-K reporting an executive officer change.