Google Ventures CEO Bill Maris quits

Latest Update: August 11, 2016 | 198 Views

SAN FRANCISCO: Bill Maris, the chief executive and founder of Alphabet Inc’s venture capital arm GV , is leaving the company, Recode reported, citing sources.

Maris, who leaves on Friday, will be replaced by GV managing partner David Krane, Recode said.

A GV spokeswoman declined to comment on the report.

GV, previously known as Google Ventures, was founded in 2009 and has invested in more than 300 companies including Uber Technologies Inc [UBER.UL] and online retailer Jet.com, according to GV’s website.

Alphabet’s projects have seen some high-profile departures in recent months. Chris Urmson, chief technical officer for its self-driving car project, left last week, while Anthony Levandowski, product manager for the program, left earlier this year to co-found a startup.

Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet’s hardware efforts, stepped down as chief executive of its Nest unit in June.



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