Google Business Chief Nikesh Arora Resigns; Heads to Japan's SoftBank

Advertisement
By Reuters | Updated: 18 July 2014 09:04 IST
Google Inc's chief business officer, one of Chief Executive Officer Larry Page's key lieutenants and the company's main liaison to Wall Street, is leaving the Internet search company, the latest high-ranking executive to depart.

Nikesh Arora, who joined Google nearly a decade ago, will move to Japan's SoftBank Corp as vice chairman, according to a post by Page on the Google+ social network.

Omid Kordestani, who has led sales teams at Google for years, will take over in the interim, marking the latest change to Google's senior leadership in past months.

Android operating software boss Andy Rubin stepped aside last year, and Salar Kamangar, head of the YouTube video website, was succeeded in February by longtime Google ad executive Susan Wojcicki.

In April, Vic Gundotra, head of social networking services, said he was exiting.

Arora's surprise departure was announced as Google reported results that beat investors' expectations on Thursday.

Revenue in the three months ended June 30 totaled $15.96 billion, compared to $13.11 billion in the year-ago period. Analysts polled by Thomson Reuters I/B/E/S were looking for $15.61 billion in revenue.

The world's No.1 Internet search company said the number of "paid clicks" by consumers on its ads increased 25 percent year-on-year in the quarter. But the average price of the ads declined 6 percent. Google earned $3.42 billion or $4.99 per share in the second quarter, versus $3.23 billion or $4.77 per share a year earlier. Excluding certain items, Google said it earned $6.08 a share.

Shares of Google were up roughly 1 percent in after hours trading on Thursday at $580.

© Thomson Reuters 2014

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Redmi Note 16 Pro+, Realme 16 Pro+ Tipped to Launch Soon
  2. Netflix Will Not Let You Cast From a Phone to TVs and Streaming Devices
  3. How Samsung Will Tackle Apps With 'Excessive Ads' With One UI 8.5
  4. OnePlus Ace 6T Camera Specifications Confirmed Ahead of China Debut
  5. Lava Play Max Could Launch in India Soon at This Price
  6. iQOO 15 Sale in India Begins Today: All You Need to Know
  7. Vivo V70 FE Tipped to Launch in India Soon With These Specifications
  8. Vivo S50 Pro Mini Reportedly Listed on Geekbench Ahead of Launch
  9. Amazon Black Friday Sale Ends Tonight: Best Deals on Smart TVs and More
  10. Vivo X300 Ultra Launch Timeline, Battery Capcity Leaked
  1. Ranveer Singh-Starrer Dhurandhar OTT Release Date Reportedly Out: Everything You Need to Know
  2. Redmi 15C 5G Key Specifications Confirmed; Will Launch in Three Colour Options
  3. Google’s Gemini 3 Reportedly Jailbroken in Minutes, Generates Ways to Create Smallpox Virus
  4. Samsung Galaxy S26 Ultra Wallpaper Leak Hints at Possible Colour Options
  5. Kuttram Purindhavan OTT Release Date Confirmed: When and Where to Watch it Online?
  6. Govt Urges Smartphone Makers to Preload Sanchar Saathi App on New Devices: Report
  7. Netflix Is Removing Casting Support From Its Mobile App to Smart TVs and Streaming Devices
  8. BSNL Gains 2 Million Users While Vi Loses 3 Million Subscribers in October, TRAI Data Reveals
  9. New GTA 6 Leak Allegedly Shows In-Development Footage From Game
  10. Gustakh Ishq OTT Release Reportedly Revealed Online: When and Where to Watch it Online?
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.