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Most powerful woman of Wall Street just become Google`s new CFO

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A former CFO of Morgan Stanley, Ruth Porat is now CFO of Google, it will replace the current CFO, Patrick dude who announced his retirement on 10 March

Porat, which is considered the "most powerful woman on Wall Street" joined Morgan Stanley in 1987 as perform multiple functions, including Vice President - Investment banking, Head of Technology Investment Banking, Global Head of the Financial Institutions Group before being appointed CFO in January 2010.

It plays an important role during the financial crisis, and also participates in offering one of the largest IPO-s, including those of Amazon and eBay. It advised the finance ministers of Fannie Mae and Freddie Mac.

She was about to leave Morgan Stanley back in 2013 to join the US Federal Reserve, but little later denied.

Porat will be officially presented to the CFO of Google on May 26, it will happen a formal conference with CEO-it company, Larry Page. She joined the Internet giant a time when investors and analysts fear that the company's growth continues to slow.

Business Insider


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