Alphabet (Google) is boosting its finance chops by appointing Roger Ferguson, the former vice chairman of the Federal Reserve and CEO of TIAA, as it's 12th director.
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TIAA CEO Roger Ferguson is joining Alphabet's board.
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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.
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