For Immediate Release
Recruited: Google Assistant Treasurer Tony Altobelli
Westport, CT: Recruited: Google Assistant Treasurer Tony Altobelli has been recruited by The Good Search. Mr. Altobelli has served as Assistant Treasurer at Google for eleven years since joining the company in 2007. Since we recruited Mr. Altobelli, he has laid down a decade-and-a-half track record of success at Google.
In his role as head of the investment portfolio management group, Mr. Altobelli designed and established Google’s investment management platform to manage the company’s worldwide cash portfolio, which exceeds $100 billion. Mr. Altobelli is now the head of Risk and Strategy at Google Treasury, responsible for investment and hedging strategies and risk management activities.
During his tenure at Google, Mr. Altobelli has also held several other treasury leadership positions in the areas of corporate finance and capital markets, managing the company’s liquidity and financing activities, financial derivatives strategies, foreign exchange risk management, capital structure, and strategic corporate initiatives, including investments in renewable energy and affordable housing projects. Mr. Altobelli has served as a member of the Google 401(K) advisory committee.
Prior to joining Google, Mr. Altobelli spent eleven years serving in various quantitative and leadership roles within the Treasury department at Hewlett-Packard Company in Palo Alto, CA. At HP, Tony led the corporate finance and capital markets functions, capital structure initiatives, derivatives, and interest rate risk management activities and served as Foreign Exchange Manager. While at HP, Mr. Altobelli was recognized by a number of Wall Street publications for his innovative work on risk management and derivatives strategies for managing financial risk.
Mr. Altobelli’s first job after graduating from Michigan Tech in 1986 was as a design engineer for three years at the General Electric Company Medical Systems Group in Milwaukee, Wisconsin. At GE, Tony worked on the development of innovative diagnostic imaging systems such as CAT scanners, and MRI and X-ray systems used in the healthcare field.
Mr. Altobelli holds a Ph.D. in Finance from Michigan State University (1996), where he also taught undergraduate finance classes. His dissertation was an empirical study of corporate stock repurchase programs. Tony has an MBA in Finance from Indiana University (1991) and he earned his BS degree in Mechanical Engineering from Michigan Technological University (1986), where he graduated with High Honors. Tony has served on the Board of the Google Foundation, a philanthropic institution, and devotes time and support to the Second Harvest Food Bank of Silicon Valley. In recognition of his significant achievements, Mr. Altobelli was inducted into the Mechanical Engineering-Engineering Mechanics Academy in 2018. This profile was excerpted from the induction program.
Google is an American multinational corporation specializing in Internet-related services and products. Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world
About The Good Search
The Good Search recruits board and senior-level executives and technologists for luminaries in technology and media. Founded by an award-winning investigative journalist, The Good Search delivers candidates clients never dreamed existed; pricing you can trust; and all the research.