- The man leading Google's (GOOG, GOOGL) most important business is leaving after 15 years at the company.
- Advertising chief Sridhar Ramaswamy will be replaced by Prabhakar Raghavan, formerly a vice president of engineering for Google's Cloud apps, with CEO Sundar Pichai saying there was "no better person to lead our monetization efforts."
- Last quarter, Alphabet made 86% of its $32.65B in revenue from advertising.
Google gets new advertising chief
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