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Google gets new advertising chief

Oct. 02, 2018 6:21 AM ETAlphabet Inc. (GOOG) StockGOOG, GOOGLBy: Yoel Minkoff, SA News Editor2 Comments
  • 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.

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