Sundar Pichai named Alphabet CEO as Google Co-founders Larry Page & Sergey Brin step down
Pichai will continue as CEO of Google, a role he assumed in 2015 after the formation of Alphabet
Google Co-founders Larry Page and Sergey Brin are reportedly stepping down from the company. According to reports, Larry Page will be stepping down as CEO of parent company Alphabet, while Sergey Brin will be moving on from his role as President of Alphabet. Google CEO Sundar Pichai will take over from Page as Alphabet's CEO, in addition to his role as CEO of Google.
Page and Brin will continue their association with the company as co-founders, shareholders and members of Alphabet's board of directors.
Larry Page and Sergey Brin co-founded Google in 1998, and Alphabet Inc was formed in 2015 as a separate company to include a wider set of projects, such as autonomous car unit Waymo and smart cities group Sidewalk Labs.
India-born Pichai was named CEO of Google in 2015 after the formation of Alphabet. Pichai's new role will be instrumental as the company faces antitrust investigations in the US.
Page and Brin reportedly said in a letter to employees 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."
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
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