Patrick Pichette, Google’s CFO, To Retire
Google's long term CFO has told the company he wants to retire over the next six months but will help the company find a replacement.
Google’s Chief Financial Officer, Patrick Pichette, who has been with the company since June 2008, announced via a SEC filing that he will be retiring from his position at Google.
Patrick Pichette has not specified an exact date, only informing the company of his intentions of retiring. Over the next several months, Patrick told Google he will “assist” in finding a replacement.
The SEC filing said:
On March 4, 2015, Google Inc.’s Chief Financial Officer (CFO), Patrick Pichette, informed the company of his intent to retire. The effective date of his retirement has not yet been determined. Patrick indicated that he intends to assist in the search for a new CFO and ensure an orderly transition, which the company expects will occur within the next six months.
Here is Patrick’s bio on the Google management page:
Patrick Pichette is Google’s chief financial officer. He has nearly 20 years of experience in financial operations and management in the telecommunications sector, including seven 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, Patrick 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 Inc., a Canadian telecommunications company.
Patrick is a board member of Trudeau Foundation and Bombardier Inc., and serves as an advisor to Engineers Without Borders, Canada. Patrick earned a bachelor’s degree in business administration from Université du Québec à Montréal. He holds a master’s degree in philosophy, politics and economics from Oxford University, where he attended as a Rhodes Scholar.
Patrick Pichette made $5,153,076 in total compensation in the 2013 fiscal year.