REDMOND, Wash., June 23, 1998 — Microsoft Corp. today announced the promotions of Jean-Francois Heitz to treasurer and Scott Boggs to corporate controller. Heitz and Boggs will continue to report to Greg Maffei, chief financial officer.
“These promotions recognize individuals who are helping us develop a world-class finance organization at Microsoft,”
“The capital markets activities that Jean-Francois has led have earned Microsoft hundreds of millions of dollars. Scott’s work on our Web-based management reporting has made it a tremendous showcase for Microsoft® technology and a critical tool for managing the company.”
Heitz joined Microsoft in 1989 in France, where he was general manager, business operations for Microsoft France, and director of finance for southern Europe. He moved to corporate headquarters in 1994 as assistant treasurer.
As treasurer, Heitz is responsible for Microsoft’s worldwide treasury, investment, credit and risk. Before joining Microsoft, Heitz spent nine years with Matra SA (Group Lagardere), a French multinational high-tech conglomerate, in various finance and business functions, two years with Envirotech Corp. as a sales and marketing manager in the European subsidiary, and four years with Air Liquide in operations research. He holds a mathematics, engineering and business degree from l’Ecole des Mines de Paris and a master’s degree from Stanford University.
Boggs is responsible for corporate accounting; management reporting, policy and control; and finance systems. He joined Microsoft in 1993 and most recently served as assistant corporate controller. Before joining Microsoft, he spent eight years with Deloitte, Haskins & Sells and held several financial management positions at private companies in the Seattle area. He received a bachelor of arts degree in accounting from the University of Washington.
In addition, Microsoft named both John J. Jolley and Brent Callinicos to assistant treasurer. Jolley joined Microsoft in 1990 and is responsible for managing the company’s
$12 billion cash investment portfolio. Before joining Microsoft, Jolley spent 10 years in the securities trading business in New York and London. He holds a bachelor of arts degree in accounting from the University of Washington.
Callinicos has been with Microsoft since 1993 and is responsible for corporate finance and foreign exchange activities. Before joining Microsoft, he spent four years in various corporate finance and treasury positions at The Walt Disney Co. and at Procter & Gamble Co. He is a CPA and holds bachelor of science and master of business administration degrees from the University of North Carolina.
Founded in 1975, Microsoft (Nasdaq
) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day.
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