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- Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud CEO Thomas Kurian has made multiple changes in technical leadership to gain higher market share from rivals, CNBC reports as per internal email.
- Google Cloud's market share expanded from 7% in Q4 2018 when Kurian took over to 10% in Q2 2021. Amazon.com Inc's (NASDAQ:AMZN) led with a 33% share, followed by Microsoft Corp's (NASDAQ:MSFT) at 20%.
- Brad Calder will replace Eyal Manor, who led engineering and essential Cloud products, including Anthos, for five years. Calder will also oversee security and data analytics in a more expansive role than Manor.
- Google veteran Manor will look for another role within the company. Calder will report to Kurian.
- Manor's departure will also create an opening for a new leader to run the company's Application Modernization Platform (AMP).
- Manor is at least the third VP to exit the Cloud unit in recent months.
- Price Action: GOOG shares traded lower by 0.35% at $2,894.01 on the last check Thursday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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