Patrick Pichette joined Google as its CFO on August 12, 2008, since then, he’s seen the good and bad times with the company. Pichette has a lot of experience and said the company’s doing well again.
Pichette spoke during the Morgan Stanley Technology, Media and Telecom Conference, and according to John Letzing, stated, “[T]he mood at Google kind of continues to be electric.”
The CFO continued, “It’s true there is a recession out there, but for the broad data world, everything that’s the data space, there’s really no recession. It’s been a great time for us in the last 12 months, 18 months.”
Pichette also shrugged off the idea that Google’s being anticompetitive where he argued that large companies are often scrutinized where he also acknowledged that display ads, applications and mobile have become more important to the organization.