Google CFO Announces Early Retirement

August 29th, 2007

Call it the end of an era. Google announced that George Reyes plans to retire as CFO of the world’s most popular search company.Reyes, 53, is credited with helping Google woo Wall Street, despite some controversial statements about the company and its industry. Reyes said he plans to stay on board to assist Google in the search for his successor and to assure an orderly transition. Google executives said they expect to have a new CFO in place by the end of the year.

“As Google’s CFO, George successfully navigated our innovative IPO, the regulatory demands of Sarbanes-Oxley, and the management challenges of scaling a global finance organization,” Google Chairman and CEO Eric Schmidt said in a statement. “Though we fully appreciate his decision to step back from active management, we’ll miss his thoughtfulness, good humor, and wisdom.”

Click here to read the rest of this story on NewsFactor.

Entry Filed under: Hot off the Press