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Google names Patrick Pichette as new CFO

Juha-Matti Laurio [PersonRank 10]

Thursday, June 26, 2008
16 years ago2,972 views

Since 12th Aug:

" Google Inc. named Bell Canada executive Patrick Pichette as its new chief financial officer, succeeding George Reyes, who had earlier announced his plans to retire.
...."

http://online.wsj.com/article/SB121442649789404527.html?mod=googlenews_wsj

Juha-Matti Laurio [PersonRank 10]

16 years ago #

Bloomberg's coverage:

"Pichette joined BCE, Canada's largest phone company, in 2001. He leaves as the Montreal-based carrier struggles to go private in a leveraged buyout valued at about C$52 billion ($51.5 billion), including debt. Last week, Canada's Supreme Court approved the deal, which had been challenged by bondholders.

Pichette served as CFO at Call-Net Enterprises Inc. from 1994 to 1996 before becoming a partner at McKinsey & Co.'s Montreal office.
...."

listing his business history and stating that he will start on 1st Aug already.

http://www.bloomberg.com/apps/news?pid=20601087&sid=avXpPFu9Pxco&refer=home

* Miss UNIVERSE [PersonRank 7]

16 years ago #

[moved from "Google Gets New CFO | Yahoo Gets Reorganized"]

Google:
http://www.techcrunch.com/2008/06/26/google-gets-its-cfo/
http://www.google.com/intl/en/press/pressrel/ir_20080625.html

Mr. Pichette brings nearly 20 years of experience in financial operations and management in the telecommunications sector, including 7 years at Bell Canada, which he joined in 2001 as Executive Vice President of Planning and Performance Management.

During his time at Bell Canada, he held various executive positions, including CFO from 2002 until the end of 2003, and was instrumental in the management of the most extensive communications network in Canada and its ongoing migration to a new national IP-based infrastructure. Prior to joining Bell Canada,

Mr. Pichette was a partner at McKinsey & Company, where he was a lead member of McKinsey's North American Telecom Practice. He also served as Vice President and Chief Financial Officer of Call-Net Enterprises, a Canadian telecommunications company, from 1994 to 1996.

Yahoo:

http://yhoo.client.shareholder.com/press/releasedetail.cfm?ReleaseID=318602

today announced changes to its organization aimed at improving its products, technologies and execution. The moves support its strategy to be the starting point for the most users, the must-buy for the most advertisers and the platform of choice for developers.

Key elements Yahoo! announced are the centralization of consumer product development to enhance the company's ability to release products worldwide; the creation of a U.S. region focused on bringing products to market for users, advertisers and publishers; formation of an insights strategy team; and enhancements to the technology infrastructure to optimize the use of data and improve coordination between product and engineering teams.

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