Google’s Nick Fox to lead business after Ready’s departure
Nick Fox, vice president of product and design for Search and Assistant.
Longtime Google executive Nick Fox is taking over the company’s commerce and payments businesses in the interim.
Fox’s appointment comes a day after former chief Bill Ready announced he was taking over as CEO of Pinterest, replacing longtime CEO and founder Ben Silbermann.
Ready had been at Google for less than three years.
Nick Fox will lead Google’s “Commerce, Payments and Next Billion Users”, according to a person familiar with the matter. the role.
Fox has worked at Google for nearly 19 years and has led segments such as ads, search and the company’s AI-powered software “Assistant”. He also led product management for Google’s communications products, including Hangouts, Duo, and Allo, as well as the company’s cellular plan Fi (formerly known as Project Fi).
Prior to his time at Google, Fox was a consultant at McKinsey & Company in Palo Alto, California. where he worked on corporate finance and strategy for technology companies.
Despite past failed attempts, Google is again trying to compete in e-commerce with companies like Amazon, Facebook and other rivals that have seen record sales in digital purchases since the start of the Covid-19 pandemic. . The company offers a shopping tab on its main search product and has tried to integrate more shopping options into its platforms such as YouTube. Although the company has made many other, albeit slow, attempts to bring buyers to its search page, executives have called it more of a “long-term opportunity.”
“Bill has been instrumental in shaping a new vision and strategy for commerce and payments at Google,” a Google spokesperson said. “We will continue to build on this strong foundation to make valuable commerce experiences universally accessible to our users and partners. We are grateful for Bill’s leadership and wish him well in his new role at Pinterest.