Get All Access for $5/mo

Google Ventures CEO Bill Maris Quits Maris, who leaves on Friday, will be replaced by GV managing partner David Krane.

By Reuters

This story originally appeared on Reuters

Reuters | Mike Blake
Bill Maris, president and chief executive officer of Google Ventures.

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. 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.

(Reporting by Shalini Nagarajan in Bengaluru; Editing by Gopakumar Warrier)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.

Science & Technology

Use This Framework to Successfully Integrate AI Into Your Business Operations

Here's how to ensure both innovation and compliance when using AI in your organization.