Sridhar Ramaswamy to join Greylock Partners
The executive at the helm of Google’s juggernaut online advertising business is stepping down, a rare shake-up at the highest echelons of the search giant.
Sridhar Ramaswamy, who has overseen ads at Google for the past five years, is taking a new role at venture-capital firm Greylock Partners, the investment firm said in a blog post Monday. In an email, a Google spokeswoman confirmed the move.
Ramaswamy will be replaced by Prabhakar Raghavan, an internet veteran who has most recently led Google’s suite of productivity apps, including Docs, Drive and Gmail.
Google’s digital-ad business is the global leader and remains the company’s core business, even as the company, a unit of Alphabet Inc. GOOGL, +0.56% GOOG, +0.24% , pursues growth in other areas. The ads and promotional messages it places next to search results, on YouTube videos and across mobile screens still comprise more than 85% of Alphabet’s revenue.
