CEO Sundar Pichai will step over as Executive director of the parent group alphabet
Google Chief Executive Sundar Pichai will take up the role of CEO of the parent company Alphabet as chairman-founders of the Internet giant, Larry Page, and Sergey Brin announced that they will step down from day-to-day company’s management.
“Alphabet and Google no longer need two CEOs and a prime minister. Sundar will continue to be the CEO of both Google and Alphabet. He will be the executive officer responsible and responsible for Google and managing Alphabet’s investment in our portfolio of Other Bets. We are committed to Google and Alphabet for the longer term and will remain actively engaged as board members, shareholders, etc.
In 2015, Google altered the structure of the company and made the Alphabet the parent organization. When Page and Brin became Chairman and President of Alphabet, Pichai was appointed President of Google.
The article adds that there is no better person to lead the business than Sundar.
“Sundar has been work closely with us for 15 years, through the structure of Alphabet, as CEO of Google, and as a representative of the Alphabet Board of Directors. He shares our trust in the importance of the Alphabet structure and our ability to address significant challenges through tech. There’s someone we’ve depended on since Alphabet was created and no better man to lead Google and Alphabet into the world, “he says.
Enthused by the growth, Sundar went to Twitter to thank the co-founders.
“I’m optimistic about the deep-term emphasis of the Alphabet on solving major challenges through innovation. Thanks to Larry & Sergey, we have an eternal purpose, universal ideals and a philosophy of cooperation and exploration-a strong foundation that we will keep building,” he tweeted.
Pichai, 47, worked more than 15 years at Google. It is largely credited with driving the creation of Google’s Chrome browser. He was then in charge of research and development and innovation across all Google services for a year before he won the CEO’s name.