Highlights:
- Google’s co-founder Larry Page and Sergey Brin stepped down as CEO from Alphabet
- Sundar Pichai will replace the larry page as the CEO of parent Alphabet Company
- Larry Page and Sergey Brin will continue their involvement as co-founders, shareholders, and members of the Alphabet’s board of directors
Giving a separate identity to the first organization Google, Larry Page, and Sergey Brin formed Alphabet inc in October 2015.
Alphabet, which additionally owns self-driving vehicle innovation firm Waymo, health care programming organization Verily, and a few different organizations, developed in 2015 as a significant aspect of a corporate rebuilding. Larry Page had needed to concentrate on building up those more up to date organizations, which all in all lose profit.
Google’s co-founders are stepping down of its parent organization, Alphabet. The 47-year-old Sundar Pichai, born in India, who has been driving Google as CEO for more than four years, will remain in his role and additionally become CEO of Alphabet.
Pichai has been at Google for over 15 years and started driving it as CEO in 2015, that year Alphabet made as to the parent organization. In his very own comments, Pichai said he’ll keep on working with Page and Brin, who’ll remain on as Alphabet board members.
Here is the Sundar Pichai’s official tweet regarding this big responsibility:
I’m excited about Alphabet’s long term focus on tackling big challenges through technology. Thanks to Larry & Sergey, we have a timeless mission, enduring values and a culture of collaboration & exploration – a strong foundation we’ll continue to build on https://t.co/tSVsaj4FsR
— Sundar Pichai (@sundarpichai) December 4, 2019
The Alphabet company said: “Lorry Page and Sergey Brin will continue their involvement as co-founders, shareholders, and members of Alphabet’s board of directors.”
Page and Brin wrote in a letter to employees: “We’ve never been ones to hold on to management roles when we think there’s a better way to run the company.” They added that Pichai “brings humility and a deep passion for technology to our users, partners and our employees every day” and that there is “no better person to lead Google and Alphabet into the future.”