Shannon Nash has been named chief financial officer of Alphabet Inc.’s Wing unit, expanding the company’s managerial ranks as it aims to expand its drone delivery operations. Wing, which bills itself as the “biggest domestic drone delivery service in the world,” confirmed the decision on Thursday. Nash previously worked as the CFO of Reputation.com Inc., a company that assists businesses with their public image management.
The move follows the appointment of Adam Woodworth, who formerly served as a chief technology officer, as the company’s new chief executive officer. For the time being, the majority of the company’s business is conducted in Australia. It performed over 30,000 deliveries in the country in the first two months of 2022.
Wing is competing with Amazon.com Inc.’s Prime Air and United Parcel Service Inc. to use flying drones to redefine delivery services. However, the industry is still in its early phases in the United States, where regulators are still developing guidelines for the new technology.
Alphabet Inc., headquartered in Mountain View, California, is an American global technological conglomerate holding company. On October 2, 2015, it was formed as a result of a Google reorganisation, and it became the parent company of Google and numerous previous Google subsidiaries. The two Google co-founders remained as Alphabet’s controlling shareholders, board members, and workers. Alphabet is the world’s third-largest technological corporation in terms of sales, as well as one of the most valuable. Along with Amazon, Apple, Meta, and Microsoft, it is one of the Big Five American information technology corporations.
The creation of Alphabet Inc. was motivated by a desire to make Google’s core business “cleaner and more accountable,” while also allowing group firms that operate in industries other than Internet services more autonomy. Larry Page and Sergey Brin, the company’s founders, announced their resignations from senior positions in December 2019, with Sundar Pichai, who is also the CEO of Google, taking over as CEO. Page and Brin are still co-founders of Alphabet Inc., as well as workers, board members, and controlling shareholders.