Why can't Google replace its "idiot" CFO?
It has been almost eight months since Google CFO George Reyes turned in his resignation. (Under pressure and personal disdain, we hear; his fellow executives routinely called him an "idiot" behind his back.) Since then, at least two people have been offered the job and turned it down. Even if Google were to announce a new CFO tomorrow in its earnings call, the delay will have gone past embarrassing and into mystifying. Who wouldn't want to help run the world's fastest-growing big media company, which has minted an army of billionaires? We'd heard rumors that Reyes was digging into matters that CEO Eric Schmidt didn't want him involved in. Did Google's prospective CFOs, once they started going through the books, find something frightening enough to send them fleeing from a dream job?