Google's New CFO Underscores Deep Ties Between Silicon Valley and Wall Street
The latest link between technology and finance.
Signage is displayed at the Google Inc. headquarters in Mountain View, California, U.S., on Jan. 25, 2011.
Photographer: Tony Avelar/BloombergThis article is for subscribers only.
Google's recruitment of Ruth Porat from Morgan Stanley to be chief financial officer is the latest example of Wall Street executives being lured to Silicon Valley to join the technology boom.
Porat, who helped stabilize Morgan Stanley after the firm almost collapsed in the 2008 financial crisis, will join Google after a 28-year career with the bank. Last year, Twitter hired former Goldman Sachs investment banker Anthony Noto as its CFO. Apple's head of mergers and acquisitions also is a former Goldman Sachs banker, Adrian Perica.