Mr. Ferguson is Alphabet’s latest nod to Wall Street since hiring former Morgan Stanley executive Ruth Porat as its chief financial officer last year, a move seen as an effort to improve relations with investors. Shortly after Ms. Porat’s arrival, she helped lead a restructuring that split the core business of Google from a series of side projects like a research lab and internet provider dubbed “other bets.” The new parent company, Alphabet, has since given investors more details on the company’s finances.

http://www.wsj.com/articles/alphabet-appoints-former-fed-vice-chairman-ferguson-to-board-1467210207