Google CFO To Pop Golden Parachute

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George Reyes announced he will retire as chief financial officer of Google by the end of 2007.

Google CFO To Pop Golden Parachute
Google CFO To Pop Golden Parachute

A familiar voice will be missing from Google’s conference calls around earnings time in 2008. George Reyes plans to leave the Googleplex after helping the company move a new CFO into the position, Google announced after the markets closed today.

Reyes will leave behind his old Sun Microsystems workmate, Eric Schmidt. When Schmidt was Sun CTO, Reyes served in a variety of finance positions for the technology company.

“As Google’s CFO, George successfully navigated our innovative IPO, the regulatory demands of Sarbanes-Oxley, and the management challenges of scaling a global finance organization. Though we fully appreciate his decision to step back from active management, we’ll miss his thoughtfulness, good humor and wisdom,” said Schmidt.

Reyes has been with Google for five and a half years. Over that time, Google has moved into a dominant position in the search and online advertising industries. Their IPO price of $85 has soared to today’s close of $506.40.

Google CFO To Pop Golden Parachute
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