Google Search Chief to be replaced by Artificial Intelligence Head; Company Names Leader for Newly Created Virtual Reality Arm
Google parent Alphabet said Amit Singhal, the longtime chief of its Internet search business, will leave the company and be replaced by the head of the technology giant's artificial intelligence business. John Giannandrea, currently a VP of engineering, will replace Singhal, a 15-year Google veteran. The appointment of Giannandrea, who joined Google in 2010, underlines the growing importance Silicon Valley is attaching to artificial intelligence technology. Giannandrea led Google's machine learning efforts, applying the technology to products such as image recognition for Google Photos search and the smart reply for Google Inbox.
Former Federal Reserve Governor Joins Wells Fargo Board
Wells Fargo & Company has elected Elizabeth A. “Betsy” Duke, a former member of the Board of Governors of the Federal Reserve System, to the company’s board of directors. Prior to her service as a Federal Reserve Governor, Duke served in various senior leadership roles in banking, including as COO of TowneBank, CEO of Bank of Tidewater, and as a senior officer of SouthTrust Bank and Wachovia Bank, N.A., the last three of which banks are now part of Wells Fargo.