Alphabet, the parent company of Google, recently announced the appointment of Anat Ashkenazi as the new CFO or Chief Financial Officer. This change took effect on July 31st. Ruth Porat, the previous CFO, has stepped down from her position to oversee new business investments for Alphabet. She has been serving as CFO since last year.
Anat Ashkenazi currently holds the position of President and CEO at Eli Lilly and Company, where she has been working since 2001 across various business sectors, overseeing financial operations.
Sundar Pichai, CEO of Alphabet and Google, mentioned that in the era of AI, the company has more opportunities to develop new products for customers. With a new CFO who has a proven track record and a deep understanding of innovation, Alphabet is well-positioned for future investments.
Source: Alphabet Press Release
TLDR: Alphabet appoints Anat Ashkenazi as CFO, Ruth Porat steps down. Sundar Pichai sees AI era as opportunity for product innovation. Anat Ashkenazi brings financial expertise and innovation understanding to Alphabet.
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