Google stated that he would be staying on board to "ensure an orderly transition, which the company expects will occur within the next six months". With Porat now due to start at Google as CFO on May 26, Pichette is likely to be getting on with his retirement sooner rather than later. Ruth Porat joined Morgan Stanley shortly before the infamous Black Monday stock market crash in 1987 and followed Morgan Stanley president Robert F. Greenhill to Smith Barney in 1993, before returning to MS in 1996.