Google loses another executive
Another high-level Google executive is jumping ship.
Sukhinder Singh Cassidy, president of Asia Pacific and Latin American operations at Google, is joining venture capital firm Accel Partners as CEO-in-Residence.
Singh Cassidy is no stranger to Accel Partners: she co-founded an online finance start-up in the late 90s called Yodlee, which was backed by the venture capital firm.
Her move comes one month after Tim Armstrong, president of Google’s Americas Operations, took the top job at AOL.
After Armstrong’s exit, there was speculation in the blogosphere that Singh Cassidy would fill his shoes. But Armstrong’s job ultimately went to another Google exec, Dennis Woodside.
High-level departures have been relatively rare at Google, with Armstrong and Sheryl Sandberg – who took the Chief Operating Officer position at Facebook – as two other biggies.
One thing the defectors share in common – including Singh Cassidy – is that they joined Google before the blockbuster 2004 IPO, when stock options were presumably priced at a massive discount to the $700 a share plus highs that Google’s stock saw in recent years.
Here’s what Singh Cassidy told the blog All Things Digital about her move:
“I was at the end of my streak [at Google] and ready to take the next step and run or grow my own company,” she said. “It is key for me to be stepping out and spreading my wings now.”