Google Picks Ruth Porat as New CFO
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Adam Berry/Getty Images(MOUNTAIN VIEW, Calif.) — Google announced on Tuesday that it has chosen its replacement for outgoing Chief Financial Officer Patrick Pichette.
Ruth Porat, the current chief financial officer at Morgan Stanley, will join Google as its new CFO beginning May 26, the Mountain View, California-based tech giant said in a blog post.
“We’re tremendously fortunate to have found such a creative, experienced and operationally strong executive,” Google CEO Larry Page said. “I look forward to learning from Ruth as we continue to innovate in our core — from search and ads, to Android, Chrome and YouTube — as well as invest in a thoughtful, disciplined way in our next generation of big bets.”
Page added a “huge thanks” to Pichette for his “seven super successful years as CFO.”
Pichette announced earlier this month that he was calling it quits to travel the world with his wife and enjoy what he called a “perfectly fine mid-life crisis full of bliss and beauty.”
Porat, who joined Morgan Stanley in 1987, said she is “delighted” to be returning to her California roots and becoming a part of Google’s team.
“Growing up in Silicon Valley, during my time at Morgan Stanley and as a member of Stanford’s Board, I’ve had the opportunity to experience first hand how tech companies can help people in their daily lives. I can’t wait to roll up my sleeves and get started,” said Porat, who is the vice chair of the Stanford University board of trustees.
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