Sunday 8 December 2019
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business-standard - 4 days ago

Larry Page, Sergey Brin step Sundar Pichai promoted as Alphabet CEO

Google co-founders Larry Page and Sergey Brin have announced that they are stepping down from the leadership role of the parent company Alphabet. Google CEO Indian-American Sundar Pichai (47), will be assuming the role of Alphabet CEO, making him one of the most powerful corporate leaders of the world. Considered as a significant shakeup in the Silicon Valley company, an announcement in this regard was made by Page and Brin in a letter to the company employees, which also included a statement from Pichai. With Alphabet now well-established, and Google and Other Bets operating effectively as independent companies, it s the natural time to simplify our management structure, wrote the two Google co-founders. We ve never been ones to hold on to management roles when we think there s a better way to run the company, they said. And Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet. He will be the executive ...

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