RBC's Mark Mahaney: Ruth Porat Is A Very Good Appointee For Google

Google Inc

announced on Tuesday that it's hiring the CFO of Morgan Stanley

, Ruth Porat, as the company's new CFO. Mark Mahaney from RBC Capital Markets was on CNBC recently to opine on this. Very Good Appointee "We thought, we published a note on this, we think that she is a very good hire for the company, Mahaney said. "She's got certainly the financial wherewithal to manage one of the biggest sprawling Internet enterprises out there. But there's two things that investors have been looking for, out of Google that she probably gives a greater chance that they are going to happen." He continued, "One is cash back to shareholders, not this year, but potentially within next 12 to 18 months and secondly slightly greater financial discipline. But she has got all the tech chops, she worked in this space, she is well known in the Valley and she knows how to handle the book. She is a very good appointee." Bringing Creativity Mahaney was asked what extra creativity can Porat to Google's financials. He replied, "What I think she also brings to a company like Google is the understanding that a company like Google, a leading company in the tech space needs to constantly keep investing." "The point isn't to simply to come in and crackdown on expenses, that will drive shareholders' value down at a company like Google. It's to make sure that the enough investments that they make for 3 to 5 years to 10 years bets that this company has laid out that they are done as efficiently as possible," Mahaney concluded