Google Inc CFO Patrick Pichette Is Retiring


Patrick Pichettte, the chief financial officer of Google is retiring from his position based on the search engine giant’s regulatory filing of the Securities and Exchange Commission (SEC) today.

Google expects transition over the next six months

Google indicated in its filing that Pichette informed the company regarding its intention to retire on March 4, 2015.  According to the company, it has not yet determined the effective date of Pichette’s retirement.

“Patrick indicated that he intends to assist in the search for a new CFO and ensure an orderly transition,” according to Google. The company expects the transition to occur over the next six months.

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Google’s senior vice president and general counsel, Kent Walker signed the company’s regulatory filing regarding Pitchette’s retirement.

Pichette joined Google in 2008. Prior to his career at the search engine giant Pichette worked at Bell Canada where he assumed different positions including as CFO.

The news regarding Pichette’s retirement came after a report last month that Google’s senior vice president of knowledge, Alan Eustace decided to leave the search engine giant after 13 years of service.

Pichette’s reason to retire from Google

In a blog post, Pichette explained that he decided to retire from his position at Google after almost seven years to spend more time with his family.

“We give a lot to our jobs.  I certainly did.  And while I am not looking for sympathy, I want to share my thought process because so many people struggle to strike the right balance between work and personal life,” wrote Pichette.

According to Pichette, his desire to travel the world started after climbing Mt. Kilimanjaro in Africa and enjoyed the sunrise on top of the mountain. He said his wife suggested for them to continue exploring the world. He replied that he still have a lot of work left at Google.

His wife made a follow-up question, “But then she asked the killer question.So when is it going to be time? Our time? My time?'” Pitchette wrote that at the time, the “questions just hung in the cold morning African air.”

According to him, those questions lingered in his mind over the next few weeks. He eventually decided that now is the right time to retire.