Google Australia and New Zealand has appointed Jason Pellegrino as its new managing director, after the company lost Maile Carnegie to ANZ Bank in March.
Pellegrino, who is the company's director of Asia-Pacific sales operations and strategy, will take up the new role officially in May.
He has been with Google for seven years in a number of roles, including sales director of Australia, and head of sales operations and strategy of Google Australia and New Zealand. Prior to joining the tech giant, Pellegrino spent more than 15 years in corporate strategy, mergers and acquisitions, and sales and marketing in retail, technology, and the consumer product industries.
Google Australia announced late last week that it restructured its business so that local advertising revenue will now count towards the company's income.
"Effective 1 January 2016, Google Australia restructured its business such that it will recognise revenue from the marketing and selling of certain services and products to Australian-based customers," the company stated in its 2015 financial report to the Australian Securities and Investments Commission.
For the 2015 financial year, Google Australia's profit before income tax came in at AU$50 million, down from AU$58.7 million recorded last year.
After paying total income tax expense of AU$2.9 million, profit after tax came in at AU$47.1 million, down by about AU$2 million from the previous year. Tax expense during the year was AU$16 million, up from the previous reporting year that recorded AU$11.7 million.
However, the tax amount was only a tiny fraction when compared to total revenue that amounted to AU$502 million for the year, up from AU$439 million recorded the previous year.
The restructure by Google comes as the federal government cracks down on tax avoidance by multinationals operating in Australia.
Google and Apple have previously been called out by the federal government for employing the so-called Double Irish Dutch Sandwich method. Both companies also admitted last April that they were being audited by the ATO for tax avoidance.