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Benzinga

Business

Anusuya Lahiri

Alphabet's Drone Division Roped In New CFO: Bloomberg

Google Nasdaq United States Alphabet Inc NYSE

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Wing unit roped in Shannon Nash as CFO as it looked to expand its drone-delivery operations, Bloomberg reports.
Nash previously served as the CFO of Reputation.com Inc.
Wing recently promoted its CTO, Adam Woodworth, as the CEO.
In the first two months of 2022, it completed over 30,000 deliveries in Australia.
Wing competes with Amazon.com Inc's (NASDAQ:AMZN) Prime Air and United Parcel Service Inc (NYSE:UPS) to reinvent delivery services with flying drones.
The drone industry is in its nascent stage in the U.S.
Price Action: GOOG shares traded higher by 0.77% at $2,848.00 in the premarket on the last check Friday.

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