Express Computer
Home  »  News  »  Google business chief Nikesh Arora resigns

Google business chief Nikesh Arora resigns

0 326

Google Inc’s chief business officer, one of Chief Executive Officer Larry Page’s key lieutenants and the company’s main liaison to Wall Street, is leaving the Internet search company, the latest high-ranking executive to depart.

Nikesh Arora, who joined Google nearly a decade ago, will move to Japan’s SoftBank Corp as vice chairman, according to a post by Page on the Google+ social network.

Omid Kordestani, who has led sales teams at Google for years, will take over in the interim, marking the latest change to Google’s senior leadership in past months.

Android operating software boss Andy Rubin stepped aside last year, and Salar Kamangar, head of the YouTube video website, was succeeded in February by longtime Google ad executive Susan Wojcicki.

In April, Vic Gundotra, head of social networking services, said he was exiting.

Arora’s surprise departure was announced as Google reported results that beat investors’ expectations on Thursday.

Revenue in the three months ended June 30 totaled $15.96 billion, compared to $13.11 billion in the year-ago period. Analysts polled by Thomson Reuters I/B/E/S were looking for $15.61 billion in revenue.

The world’s No.1 Internet search company said the number of “paid clicks” by consumers on its ads increased 25 percent year-on-year in the quarter. But the average price of the ads declined 6 percent.

Google earned $3.42 billion or $4.99 per share in the second quarter, versus $3.23 billion or $4.77 per share a year earlier. Excluding certain items, Google said it earned $6.08 a share.

Shares of Google were up roughly 1 percent in after hours trading on Thursday at $580.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image