Alphabet and Google's Ruth Porat, the company's longest-serving CFO, is taking on a new role overseeing the company's "Other Bets" portfolio, which includes Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X, according to the company's second-quarter earnings report that released Tuesday.
The company announced that Ruth Porat, CFO since 2015, will assume the newly created role of president and chief investment officer of Alphabet and Google, effective Sept. 1, 2023. It said she will continue "working closely with [CEO] Sundar [Pichai], and the company’s investments in countries and communities around the world."
