Google imports new CFO Ruth Porat from Wall Street

Google imports new CFO Ruth Porat from Wall Street



SAN FRANCISCO (AP) — Google has lured away Morgan Stanley’s chief financial officer, Ruth Porat, to be its CFO at a time when the Internet search leader and its Silicon Valley peers are under fire for hiring and promoting too few women.

The appointment announced Tuesday fills a void that opened earlier this month after Google’s CFO of the past seven years, Patrick Pichette, announced his plans to retire.

Porat, 58, will become Google’s highest-ranking female executive when she starts her new job on May 26. Her last day at Morgan Stanley will be April 30, ending a 28-year career at the New York investment bank.

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