PYMNTS-MonitorEdge-May-2024

PayPal’s Bill Ready To Join Google As President Of Commerce

The former PayPal chief operating officer is the new president of commerce at Google, according to a report by TechCrunch.

Bill Ready will take the new position in January and he’ll report to his direct superior, Prabhakar Raghavan, who is the SVP of ads, commerce and payments.

Ready’s job at Google is going to be a little different than it was at PayPal, as he won’t be dealing directly with payments. He’s instead going to focus on Google’s commerce products, although he’ll be working closely with the advertising and payments departments.

The previous ad head, Sridhar Ramaswamy, was at the company for 15 years, and left in 2018. Since then, Raghavan was covering the role, although Ready’s job is commerce specific.

“Bill’s exceptional track record building great experiences for consumers and deeply strategic partnerships makes him a powerful addition to our team. I couldn’t be more excited for the future of commerce at Google,” Raghavan said. 

Ready said he’s ready to step into the new role.

“I’ve long admired how Google has enabled access to the digital economy for everyone. Google has been making world-class commerce capabilities universally accessible to partners of all sizes, and I look forward to furthering that mission,” he said.

Ready has years of experience in his field. At PayPal, he worked his way up and became EVP and COO of the company in 2016. He was instrumental in the introduction of PayPal One Touch, which is one of the company’s most successful payment products. He also helped develop Pay with Venmo, and he helped redesign the mobile app for the company.

Ready will head a huge revenue maker for Google — in 2019, ad revenue for the company reached $33.92 billion out of $40.5 billion.

“I’m thrilled to welcome Bill to Google as we continue our work to create more helpful commerce experiences and build a thriving ecosystem for partners of all sizes,” said Sundar Pichai, who is the CEO of Google and Alphabet.

PYMNTS-MonitorEdge-May-2024