Itongadol.- To the business press, the symbolism of Ruth Porat’s move from her position as chief financial officer of Morgan Stanley to her newly announced perch as Google’s CFO of the future couldn’t be more obvious — it represents a shift in power from Wall Street to Silicon Valley. And there’s no question that it’s a big deal when one of the most powerful women in finance decides that the grass — or at least the money — is greener on the other side of the country.
Porat’s father, Dan Porat, was born in 1922 what is now Ukraine, and he later moved with his family to a shtetl in the Carpathian mountains and then to Vienna, which is where they lived when the anschluss of 1938 brought the Nazis to power. In a written memoir archived by the Center for Jewish History, Dan Porat recalls going to watch Hitler ride triumphantly into the city. Thanks to his strong grasp of Hebrew learned at cheder, he was able to escape to a kibbutz in British Mandate Palestine. The rest of his family was killed in the Holocaust, and he volunteered to fight in the British Army.