Google Inc said on Tuesday that Chief Financial Officer Patrick Pichette has announced his intention to retire, marking the latest change to the Internet company`s upper ranks.
Google expects to find a replacement for Pichette within six months, the company said in a regulatory filing with the U.S. Securities and Exchange Commission. The effective date of Pichette`s retirement has not been determined but Google said Pichette intends to assist in the search for a new CFO.
The world`s No. 1 Internet search company has gone through a string of changes to the senior management. Google has a market valuation of roughly $380 billion and analysts expect the company to generate $76 billion in revenue this year.
Shares of Google, which finished Tuesday`s regular trading session down 2.4 percent at $555.01, were down 15 cents in after-hours trading.
A former telecom industry executive, Pichette joined Google in 2008.
Last year, Google Chief Business Officer Nikesh Arora departed unexpectedly to become Vice Chairman of Japan`s SoftBank Corp and was replaced by longtime Google executive Omid Kordestani. Vic Gundotra, the head of Google`s social networking services, left in April 2014.