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Alphabet appoints new CFO

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Google parent company Alphabet has appointed a new chief financial officer.

Anat Ashkenazi is slated to take on the role effective July 31. Current CFO Ruth Porat is moving to a new role as president and chief investment officer.

Ashkenazi has had a 23-year career at Eli Lilly, currently serving as the company's CFO.

Read more from CNBC.

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