Microsoft Hires GE's Ex-Finance Chief Happe to Lead Operations
By Dean Seal
Microsoft has hired the former financial chief of General Electric to be its operations chief.
Carolina Dybeck Happe is joining the tech company as executive vice president and chief operations officer, a newly created role, Microsoft said Thursday.
Happe became GE's financial chief in early 2020 and was succeeded in 2023 by Rahul Ghai, then the financial chief of the GE Aerospace subsidiary. GE was split up the following year, with the GE Aerospace separating from its power and renewable-energy unit and its healthcare business.
Microsoft credited Happe as being instrumental to GE's turnaround.
The new hire comes on the same day that Microsoft laid off about 650 employees from its videogame business in a bid to cut costs after last year's $75 billion acquisition of Activision Blizzard.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 12, 2024 12:31 ET (16:31 GMT)
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