Alphabet Announces New CFO Anat Ashkenazi

Alphabet Inc. has announced that Anat Ashkenazi, currently the Executive Vice President and Chief Financial Officer at Eli Lilly and Company, will be joining the company as the new Chief Financial Officer and Senior Vice President of Google and Alphabet, effective July 31, 2024. This change comes after Ruth Porat, the current CFO, transitions to a new role as President & Chief Investment Officer of Alphabet and Google.

Anat Ashkenazi brings over 23 years of experience from Eli Lilly, where she has held various financial, strategy, and operations roles. She holds an MBA from Tel Aviv University and a BA in economics and business administration from the Hebrew University.

In the words of Sundar Pichai, CEO of Google and Alphabet, the company is pleased to have found a strong CFO with a track record of strategic focus on long-term investment to fuel innovation and growth. As Alphabet continues to evolve in the AI era, Pichai expressed his anticipation of working with Ashkenazi to support the company's next wave of growth.

Ashkenazi also expressed her excitement to join Google at such an important moment, citing the company's tremendous impact on billions of people and millions of businesses worldwide. She looks forward to contributing to the company's future during this exciting period.

Alphabet Inc., which includes Google as its largest company, was founded in September 1998 and is headquartered in Mountain View, California. The company's popular products and platforms, such as Search, Ads, Chrome, Cloud, YouTube, and Android, are used daily by billions of people.

With these changes in leadership, Alphabet looks to continue its trajectory of growth and innovation under the new CFO, Anat Ashkenazi. As a result of these announcements, the company's shares have moved 0.6% on the market, and are now trading at a price of $174.81. For more information, read the company's full 8-K submission here.

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