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Q&A: Google's Patrick Pichette

From Canadian Business magazine,

Q&A: Google's Patrick Pichette

Former BCE executive talks about becoming the online giant's CFO.

By Andrew Wahl

Andrew Wahl is a senior writer with Canadian Business. He has been with the magazine since 1998 reporting on a wide variety of topics including telecommunications, wireless technologies, corporate IT, venture capital, environmental governance and hedge funds. His column for Canadian Business Online appears every other week. More stories by this author >>

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Look, I’ve just arrived. [But] what a good CFO does is, first, the compliance portions. You make sure the corporation’s protected, no one goes to jail, everything is in order. Second, you make sure the company never runs out of resources — i.e., cash — and I have the great pleasure that I don’t have to worry about that for a while. And the third priority of a CFO is pushing to make sure all the resources are used efficiently, that you feed the winners, starve the losers.

How do you believe being CFO at Google will be unique?

Google itself is a company that has a ton of strategic white space. When you invent, you have so many degrees of freedom strategically. As a CFO in a company like Google, you participate in innovating, leading, shaping. It’s so much more fun than being in a mining company, where you’ve got to grind out the cost of the 3¢ bolt on the cost curve relative to the next guy.