Greg Maffei, the chief financial officer of Microsoft Corp. who oversaw stunning software profits, is quitting to head a telecommunications company in the latest in a string of high-level Microsoft departures.
Maffei, 39, will be replaced by former corporate controller John Connors, 40, on Jan. 7, the software company announced Wednesday.
Maffei will become chief executive of Worldwide Fiber, a Vancouver, British Columbia-based company that builds and runs high-speed fiber-optic networks.
He is the second top Microsoft executive in a week to announce his departure.
Several other top managers have left recently.