Google’s chief financial officer Patrick Pichette is set to retire after almost seven years on the job, as was disclosed by a Tuesday security filling by the Silicon Valley giant, and later in a Google+ statement by the CFO himself.
Aged 52, Pichette, who had joined Google doing the harsh 2008 financial crisis, explained his decision on the social media site by the fatigue accumulated in the last 25 years of activity, and his desire to spend more time with his wife.
In the somewhat unconventional statement, Google’s CFO went on to describe how he could no longer find a good argument for his wife about why they should “…wait any longer to grab our backpacks and hit the road”.
Google’s long-standing chief financial officer, Pichette previously worked at McKinsey & Company and Bell Canada, whilst also being part of the advisory board of Canadian non-governmental organization Engineers without Borders.Looking back on his career, Pichette jokingly stated that he is a member of the FWIO – or “the noble Fraternity of Worldwide Insecure Over-achievers”.
“Working at Google is a privilege, nothing less. I have worked with the best of the best, and know that I am leaving Google in great hands. I have made so many friends at Google it’s not funny” declared Pichette about his time as part of the Silicon Valley giant.
The 52-year old Canadian has also stated in his social media post that he intends to help the company transition to a new CFO in the next months, including personally working with him/her.
News of his planned retirement was initially disclosed by Google in a filling towards the United States Securities and Exchange Commission dated March 4, in which the company states that it expects to appoint a new chief financial officer within the next six months.
Google CEO Larry Page shared Pichette’s post whilst commenting that it was “a most unconventional leaving notice from a most unconventional CEO”.
CNN Money reports that Pichette has more than 60.000 stocks within the company which are worth about $14 million today, and that his base salary with bonuses included revolved around $3.5 million per year. Pichette did not make any comment regarding the financial side of things in his retirement post, suggesting that the decision has solely to do with personal reasons.
Image Source: Financial Express