SAN FRANCISCO — @Google parent company @Alphabet is adding finance chops and diversity to its board with the appointment of economist @RogerFerguson. Ferguson is the first African American to serve on the board of Alphabet and #Google, marking a major milestone in Google's effort to bring more diversity to the technology industry.
Ferguson will serve on #Alphabet 's audit committee. With his appointment, he receives a $1 million equity grant, according to a filing with the Securities and Exchange Commission.
He joins the board as Alphabet under finance chief Ruth Porat brings greater spending discipline to the Internet giant known for its speculative "moonshot" projects such as self-driving cars and research into aging.
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