cfo

Three 'cfo' stories January 2015 - November 2015

Google VP of Finance Jason Wheeler joins Tesla as CFO

Stephen Hall Nov 3 2015 - 2:55 pm PT

Tesla has a new CFO, and he’s coming to the electric car maker from Google. Jason Wheeler is currently VP of Finance at the Mountain View company, and he’s joining Tesla next month via a transition with current CEO Deepak Ahuja overseeing. This comes five months after Ahuja confirmed at Tesla’s 2015 Annual Shareholders Meeting that he would be retiring…

Tesla just released its Q3 earnings report, and the company’s stock is up around 10% in after-hours trading. Google is one of Tesla’s biggest competitors in regards to future autonomous vehicle prospects, but it’s clear that the motor company has been a bold poacher of other large Silicon Valley companies’ employees. It appears that Google isn’t excluded.

Google hires Morgan Stanley’s Ruth Porat as new CFO

Zac Hall Mar 24 2015 - 6:18 am PT

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Google announced this morning that the company will soon have a new person filling the CFO role. Ruth Porat, who currently serves as chief financial officer at the finance firm Morgan Stanley, will take over for Patrick Pichette starting May 26th. “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,” Google CEO Larry Page said in the announcement.
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Google CFO: Google Glass team missed hurdles, needed a fresh strategy

Stephen Hall Jan 29 2015 - 2:04 pm PT

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A visitor is testing the new Google Glasses at the international fair for digital economy 'NEXT Berlin 2013' in Berlin, Germany, 24 April 2013. NEXT Berlin 2013 is an international trade for which serves as a platform of digital innovations from the worl

The Google Q4 2014 earnings call is happening right now, and Google CFO Patrick Pichette took a second to speak about projects that miss their goals and how Google asks them to “take a pause” to reset their strategy. Google Glass, and the recent decision to graduate the project out of Google [x] was used as an example of one of these situations…

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