Google CFO Patrick Pichette To Retire

SAN FRANCISCO — Patrick Pichette, Google's longtime chief financial officer, is retiring.
The technology giant disclosed Pichette's plan to retire in a securities filing after the markets closed.
Pichette, 52, informed the company on March 4, Google said.
"The effective date of his retirement has not yet been determined," the company wrote. "Patrick indicated that he intends to assist in the search for a new CFO and ensure an orderly transition."
Google said it expects to find a replacement in the next six months.
A Google spokesperson declined to comment.
Pichette said in a post about his family on Google+, Google's social network, that he was retiring from Google to spend more time with his family.
Pichette has been with the Mountain View, Calif., company as CFO since August 2008 when Google was roiled by the economic downturn caused by the financial crisis. Before that, he worked at Bell Canada.
The departure is a loss for Google. Pichette is one of Google's top executives who has the trust of CEO Larry Page for steering Google through rocky economic times and instilling financial discipline.
"A most unconventional leaving notice from a most unconventional CFO," wrote Page in a Google+ post. "Patrick has been a joy to work with and I wish him all the best on his new adventures!"
Pichette is also leaving at a sensitive time for Google, which is facing questions about its future ability to make as much money from search advertising as consumers shift their time and attention to mobile devices.
In a post on Google +, Pichette said he longs to spend more time with his family and travel the world.
"After nearly 7 years as CFO, I will be retiring from Google to spend more time with my family. Yeah, I know you've heard that line before. We give a lot to our jobs. I certainly did. And while I am not looking for sympathy, I want to share my thought process because so many people struggle to strike the right balance between work and personal life," Pichette said.
"This story starts last fall. A very early morning last September, after a whole night of climbing, looking at the sunrise on top of Africa - Mt Kilimanjaro. Tamar (my wife) and I were not only enjoying the summit, but on such a clear day, we could see in the distance, the vast plain of the Serengeti at our feet, and with it the calling of all the potential adventures Africa has to offer. (see exhibit #1 - Tamar and I on Kili).
"And Tamar out of the blue said "Hey, why don't we just keep on going". Let's explore Africa, and then turn east to make our way to India, it's just next door, and we're here already. Then, we keep going; the Himalayas, Everest, go to Bali, the Great Barrier Reef... Antarctica, let's go see Antarctica!?" Little did she know, she was tempting fate.
"I remember telling Tamar a typical prudent CFO type response- I would love to keep going, but we have to go back. It's not time yet, There is still so much to do at Google, with my career, so many people counting on me/us - Boards, Non Profits, etc
"But then she asked the killer question: So when is it going to be time? Our time? My time? The questions just hung there in the cold morning African air."
Pichette said he could not shake that question.
With two kids away at college, one graduated and another working for a start-up in Africa, "nobody is waiting for us/needing us," Pichette wrote.
And nearly three decades of nonstop work had begun to wear on Pichette.
"As I count it now, it has also been a frenetic pace for about 1500 weeks now. Always on - even when I was not supposed to be. Especially when I was not supposed to be," he wrote.
"Allow me to spare you the rest of the truths. But the short answer is simply that I could not find a good argument to tell Tamar we should wait any longer for us to grab our backpacks and hit the road - celebrate our last 25 years together by turning the page and enjoy a perfectly fine mid life crisis full of bliss and beauty, and leave the door open to serendipity for our next leadership opportunities, once our long list of travels and adventures is exhausted."

Also Read: Indo-U.S. Trade Could Reach $500 Bn: Ed Royce
QN-Nat-Education Portal Embibe.com Acquires 100Marks