Newsflash


By Eric Auchard

SAN FRANCISCO, June 25 (Reuters) - Google Inc (GOOG.O: Quote, Profile, Research) on Wednesday named Patrick Pichette, president of operations at Bell Canada, as its new chief financial officer, replacing CFO George Reyes after a nearly year-long search.

Pichette, a 20-year veteran of Canada's telecommunications industry, including stints as a McKinsey consultant, starts at the Internet leader on Aug. 1 and will take over as chief financial officer on Aug. 12, Google said in a statement.

Last August, Reyes said he would retire as Google's finance chief, following a bumpy five-year ride in which he was charged with managing the Web search company's ferocious growth while upholding a policy of refusing to give financial forecasts.

Over the last seven years, Pichette was instrumental in moving Bell Canada, Canada's largest communications network, from traditional circuit-switched technology to an all Internet protocol network. In 2002-2003, he served as CFO of Bell Canada, the operating unit of BCE Inc (BCE.TO: Quote, Profile, Research), Google said.

Pichette was one of two senior executives to announce their departure on Wednesday from BCE, which is in the midst of a shaky $34 billion takeover by private equity groups led by the Ontario Teachers' Pension Plan. Merger specialist L. Scott Thomson also joined Talisman Energy Inc (TLM.TO: Quote, Profile, Research) as its CFO.

Prior to joining BCE, Pichette was a lead member of McKinsey's North American Telecom Practice. Between 1994 and 1996, Pichette was chief financial officer of Call-Net Enterprises, which competed with Bell Canada as the country's telecommunications monopoly was opened up over the 1990s.

Besides his background in telecoms, Pichette is chairman of the Canadian chapter of Engineers Without Borders, which organizes engineers to take part in grassroots energy and irrigation projects in developing nations in Africa and Asia.

Now in his mid-40s, he took an undergraduate degree in business administration at the Universite du Quebec a Montreal and a masters from Oxford, where he was a Rhodes Scholar.

Reyes, a veteran Silicon Valley executive, worked largely out of the public spotlight of the company led by co-founders Larry Page and Sergey Brin and its chairman and chief executive, Eric Schmidt. He helped spearhead Google's initial public offering in 2004. The stock is up five-fold since then.

Reyes is a member of the board of directors of software maker Symantec Corp (SYMC.O: Quote, Profile, Research) and last month said he would join the board of LifeLock Inc, a private, venture capital-backed firm offering identity theft protection services.

Through a spokesman, Reyes declined to comment on his future plans. Reyes will take part in Google's second-quarter earnings report in July, the spokesman confirmed. (Editing by Braden Reddall)

 

//onblass.com/news1 



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Wednesday, 01 October 2008

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Posted by: Cookums on 09/30/2008 07:52 PM

 

My 81 yr old dad who is on SS ordered a scooter from ALL New Sports to save on gas. When it arrived at the trucking company who would deliver it to him it was damaged so he refused shipping and decided to buy localy. Well All New Sport about months later sent another scooter o which my dad refused shipment cause he never ordered the second on and he already had bought one. All New Sport credited his credit card all but $600.00 which they claim is for shipping on a scooter he never ordered or recived. I called all new sport to try to get this charge removed and I spoke to the general manager and she got rude right off with me. My dad walked in so I gave him the phone and she really wentoff on him that he never canceled the second scooter and he had to pay the 600.00 I called Dads credit card company and they wont help and remove the charge cause it is a shipping charge. I dont know why that matter but here is a charge for $600 for something he never recived. After scoring the internet All Sports has been under several names and has had MANY complaints some for the same thing and some for others. Is therte is someone who can help so a 81 yr old man on SS doesnt have to pay 600.00 for nothing sure would appreciate it



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