Microsoft CFO resigns

Microsoft's CFO John Connors is retiring from the company to become a partner in a Seattle-area venture capital firm, the company announced on Tuesday.

Connors spent 16 years with Microsoft, the past five as CFO. He was responsible for Microsoft's finances, investor relations, administration, corporate services, procurement and real estate. He also was responsible for the company's global operations and technology group.

Microsoft did not announce a replacement, although the company said it would consider both internal and external candidates.

In a prepared statement, Microsoft CEO Steve Ballmer thanked Connors for his contributions to the growth of the company.

Before becoming CFO, Connors served as vice president of the worldwide enterprise group, where he was responsible for the sales, services and relationship strategy for large, midsize and small businesses. Before that, Connors served as vice president and CIO and held various position including corporate controller, general manager of worldwide financial operations, director of business operations of Microsoft's European headquarters in Paris, and director of business operations of the worldwide sales and support strategy group.

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