Google ad chief out, says report
Alphabet Inc. -owned Google is shaking up its ad unit, according to a report in Bloomberg News Monday. Current advertising chief Sridhar Ramaswamy is leaving to join the venture capital firm Greylock Partners. Prabhakar Raghavan, the current head of the company's business application unit will take over the new job. According to Bloomberg, it is the first high-level shakeup in the ad division in five years. Alphabet class A stock closed up 0.1% in regular trading, as the S&P 500 index rose 0.4%
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