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Benzinga
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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