Alphabet and Google CFO, Ruth Porat Joins Blackstone's Board of Directors | Financial Buzz

Alphabet and Google CFO, Ruth Porat Joins Blackstone’s Board of Directors

Blackstone (NYSE: BX) reported that Ruth Porat, Google and Alphabet Chief Financial Officer has joined its board of directors. 

Commenting on the appointment, Stephen A. 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.”

Ruth Porat added: “I’ve known Steve, Jon and the Blackstone leadership team for many years and have always admired Blackstone’s business and culture.  The firm’s tremendous growth, success and innovation is a testament to the quality of its people and the strength of its global platform.  I hope to contribute as a member of the Board.”