Private investment management company, Blackstone, has announced Ruth Porat, CFO of Alphabet and Google has joined its board of directors.
Porat joined Google as senior vice president and CFO in May 2015 and has also held the same title at Alphabet since it was created in October 2015.
Previously, she spent 27 years at Morgan Stanley, most recently serving as executive vice president and CFO of the company.
She held a number of prior senior roles at the bank, including vice chairman of investment banking, global head of the financial institutions group, and co-head of technology investment banking.
Stephen Schwarzman, Blackstone chairman, CEO and co-founder, said: “I first worked closely with Ruth during Blackstone’s IPO and greatly admire her talent and judgment.
“She possesses a deep understanding of the financial services industry from her years on Wall Street and has had a front row seat in Silicon Valley to the technological revolution that is sweeping the world. Her unique perspective will be a tremendous asset to Blackstone’s board.”
Jon Gray, president and COO of Blackstone, added: “We are thrilled to have Ruth joining Blackstone’s board. She’s an exceptional leader and a wonderful person. I know she will have a powerful impact on our firm, given her wealth of experience from both the finance and technology worlds.”