Who is Ruth Porat?
Ruth Porat is an American business executive serving as CFO of Google parent company Alphabet since 2015. Previously, she served as the Executive Vice President of Morgan Stanley between January 2010 and May 2015.
She was one of the few top female executives who participated in the Google Walkout for Real Change and also fielded questions from employees. Porat was listed as the 21st most powerful woman in the world by Forbes in 2018. She was also ninth on Fortune’s Most Powerful Women list.
Porat began her career at Morgan Stanley in 1987 and later left in 1993 to follow Morgan Stanley President Robert F. Greenhill to Smith Barney. In 1996, she returned to Morgan Stanley. She led the Morgan Stanley team during a financial crisis advising the United States Department of the Treasury regarding Fannie Mae and Freddie Mac, and the New York Federal Reserve Bank with respect to AIG.
It was then reported in 2013 that President Barack Obama would nominate Porat as the next Deputy Secretary of the Treasury. It was later reported by Bloomberg News and the New York Times that she had contacted White House officials to withdraw her name from consideration. Porat wanted to improve conditions at Morgan Stanley.
Her career was analyzed in the McKinsey & Company study “How Remarkable Women Lead”. Porat was then named “Best Financial Institutions CFO” in a poll conducted by Institutional Investor for its “2014 All-America Executive Team”.
She serves as a vice-chair of the Board of Trustees of Stanford University. She is also a member of various firms and Institutions such as:
- Board of Directors of Stanford University Management Company
- The Borrowing Advisory Committee of the United States Treasury
- The Board of Directors of The Council on Foreign Relations
- The Board of Trustees of the Economic Club of New York
- the Bretton Woods Committee
- The Advisory Council of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution
- The Economic Strategy Group at the Aspen Institute
How Old is Ruth Porat?
Porat is 63 years old as of 2020. She was born on 22 April 1957 in
Sale, Cheshire, England.
Ruth Porat Family
Porat was born to Dr. Dan and Frieda Porat. Her family was Jewish. Being born in Sale, Cheshire, England, Porat moved at a young age to Cambridge, Massachusetts, where her father was a research fellow in the physics department at Harvard University. Three years later, her whole family relocated to Palo Alto, California where her father worked at the SLAC National Accelerator Laboratory for 26 years.
Ruth Porat Education
Porat attended Stanford University from where she earned a bachelor of arts degree in economics and international relations. She also holds a master’s degree in industrial relations from the London School of Economics. Porat has an MBA with distinction from Wharton School of the University of Pennsylvania.
Ruth Porat Husband
Since 1983, Porat has been married to Anthony Paduano, a partner in the law firm Paduano & Weintraub. Porat is also a breast cancer survivor that she overcame in 2001 and 2004.
Porat has also shared how frightening her diagnoses were for her and her three children and how far they’ve come since
Ruth Porat Children
Porat has three children with her husband Paduano.
Ruth Porat Salary and Net Worth
In 2018, Porat was paid $47 million, $688,000 in 2017, and $39 million in 2016. Her net worth is not yet determined.
