Google Appoints Morgan Stanley Executive Ruth Porat As CFO

(RTTNews) - Google Inc. (GOOG) announced Tuesday that it has appointed Ruth Porat, who is currently Chief Financial Officer at Morgan Stanley, as its Chief Financial Officer.

Ruth will start at Google as CFO on May 26, reporting to Google CEO and Co-Founder, Larry Page.

Ruth joined Morgan Stanley in 1987 and has played several key roles at the company, including Vice Chairman of Investment Banking, Global Head of the Financial Institutions Group and and co-Head of Technology Investment Banking. Throughout the financial crisis, Ruth led the Morgan Stanley teams advising the U.S. Treasury on Fannie Mae and Freddie Mac, and the New York Federal Reserve Bank on AIG. She has been the lead banker on numerous milestone technology financing rounds, including for Amazon, eBay, Netscape, Priceline and Verisign as well as for The Blackstone Group, GE and the NYSE.