Monday 9 December 2019
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business-standard - 6 days ago

Google chief Sundar Pichai named CEO of parent company Alphabet

Tech giant Google on Tuesday appointed Indian-origin Sundar Pichai as the Chief Executive Officer (CEO) of Alphabet, replacing Sergey Brin as the head of the parent firm.Alphabet was established in 2015 as a collection of companies that separates Google from Other Bets which are not part of its core businesses like Waymo (self-driving cars), Verily (life sciences), Calico (biotech R D), Sidewalk Labs (urban innovation) and Loon (rural internet access via balloon), according to TechCrunch.Google co-founders Larry Page and Brin, the CEO and president of Alphabet, will continue their involvement as co-founders, shareholders and members of Alphabet s Board of Directors.On the other hand, Pichai has become the CEO of both Google and Alphabet. He will assume the role of managing Alphabet s investment in its portfolio of Other Bets. Pichai will remain a member of Alphabet s Board of Directors. With Alphabet now well-established, and Google and the Other Bets operating effectively as .


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