MUMBAI: Google Inc. announced today that George Reyes has informed the company of his intention to retire as chief financial officer. Reyes indicated that he will remain to assist in the search for a new CFO and to assure an orderly transition, which Google expects will occur by the end of the year.

“I’ve known and admired George since our days together at Sun. As Google’s CFO, George successfully navigated our innovative IPO, the regulatory demands of Sarbanes-Oxley, and the management challenges of scaling a global finance organization. Though we fully appreciate his decision to step back from active management, we’ll miss his thoughtfulness, good humor and wisdom,” said Google chairman and CEO Eric Schmidt.

“Working at Google these past five and a half years has been an extraordinary ride. I’m honored and flattered to have been a part of this great management team. I know I’m leaving the company in good hands with a remarkable team of professionals that will continue to build on Google’s tremendous achievements,” said Reyes.