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  Microsoft Said Unveiling Management Plan
Time: 02:57 EST/07:57 GMT | News Source: Associated Press | Posted By: Alex Harris

Microsoft reportedly will implement a plan to install stronger financial management into each of its business units and strengthen its central finance function. The Wall Street Journal reported the announcement was expected Thursday at the company's annual meeting for financial analysts and institutional investors. The software giant also was to introduce seven newly appointed senior executives who will act as financial officers of each of the units and report to the unit's general manager, the Journal said. These executives will have responsibility for setting financial targets, handling budgeting and measuring performance of their units.

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