Larry Page Delighted As Google Iinc (NASDAQ:GOOG) Announced Ruth Porat As Its Next CFO

Google Inc (NASDAQ:GOOG) has opted to do a quick rejig in its hierarchy. The California based company has announced that it has successfully wooed Ruth Porat, the CFO or Chief Financial Officer working at Morgan Stanley (NYSE:MS), to join Google’s board and managerial team as an esteemed CFO.

Technical analyst have identified strong buy signals in GOOG.

Top Roles Ruth Handled

Ruth had joined Morgan Stanley way back in 1987. She had played a number of key roles at MS over the last 26 years of his tenure. She had been the Vice Chairman (Investment Banking), co-head of Technology-IB (Investment Banking) and Global Head of MS Financial Institutions Group. During the financial crisis that grasped and jolted the US economy, Ruth led MS teams and advised on efficacious handling of the US treasury.

Ruth—A Lead Banker

Ruth had been the lead banker in numerous occasions; she had led teams on myriad of tech-finance rounds for Netscape, eBay, Priceline, Amazon, Verisign, GE, The Blackstone Group and NYSE. Her role as a CFO demanded stupendous intellect and expertise; she have, during the course of her tenure with Morgan Stanley (NYSE:MS), helped in optimizing and improving resources panned out across various businesses by the virtue of find allocation and capital management. Most roles demanded expense reductions.

Educational Details

Ruth has done a BA from the esteemed Stanford University (Genre: Economics and International Relations) and also carried out a MBA (obtained with distinction) from the renowned Wharton School under the educational jurisdiction of the privileged University of Pennsylvania. She is multi-talented and has also done a M.Sc. in Industrial Relations from the pioneer – London School of Economics.

Roles Of Honour

Ruth is a member of the Borrowing Advisory Committee (BAC) of the US Treasury, a Vice Chair of the Board of Trustees at Stanford University, a member associated with the Advisory Council – Hutchins Center on Fiscal and Monetary Policy (Brookings Institution) and a BoD at The Council on Foreign Relations.

Google’s Cofounder Delighted

GOOG’s co-founder Larry Page expressed her delight and mentioned how fortunate the company is to have her onboard. She also stated that she has a whole lot of expectations from Ruth Porat. The latter has her roots at California. She added that she is delighted to be a part of Google’s exquisite team.

About the Author

Erica is a graduate of New York University’s school of Journalism. She joined US Markets Daily as a general assignment reporter in January of 2008.

Leave A Response