Friday, March 27, 2015

Google to Pay New CFO Ruth Porat More Than $70 Million - Bloomberg Business

Clearly a strong negotiator

"Google is under growing pressure to show that it can trim costs as it invests in new businesses to better compete with rivals such as Apple Inc. and Facebook Inc. The company is looking to Porat, one of the financial industry’s most senior female executives with more than 25 years at Morgan Stanley, to bring greater fiscal discipline. She follows other Wall Street veterans who have moved to Silicon Valley firms.
“We’re tremendously fortunate to have found such a creative, experienced and operationally strong executive,” Google Chief Executive Officer Larry Page said in a statement Tuesday when Porat’s appointment was announced."
Google to Pay New CFO Ruth Porat More Than $70 Million - Bloomberg Business
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