(Porat will step down as CFO when Alphabet names a successor.) The shake-up puts Porat in charge of the company’s portfolio of “Other Bets” like self-driving car unit Waymo and deep-pocketed ...

The beat and corresponding surge looks particularly good for Google's new CFO, Ruth Porat. Wall Street had been worried about a need more disciplined spending and Google's numbers — operating ...

But investors are looking to Porat and the executive team to diversify by nurturing other businesses. Porat has stressed that Alphabet is directing significant resources toward its enterprise ...