Google founder resigns as CEO and president of parent company Alphabet, replaced by Sundar Pichai


Rajeshwar Bachu

Larry Page , co-founder of Google and CEO of Alphabet , which owns Google and others, and Sergey Brin , president, announced on December 3, 2019 that they will both step down. . His successor will be Google CEO Sundar Pichai .

A letter from Larry and Sergey

Alphabet is Google's parent company and was founded in 2015 when Google underwent organizational restructuring. As a result of this reorganization, many companies, including Google, are now under the holding company Alphabet.

Alphabet, a huge company that takes Google under its umbrella, is born - GIGAZINE

On December 3, 2019, Page and Brin jointly published an article on Google's official blog. In it, he stated, ``Google was born in 1998. If the company was a person, he would be a 21-year-old young man, and it's time to move out of his parents' house and start living on his own,'' and announced his intention to step down as president and CEO.

'Alphabet and Google and other companies operate effectively independently, so now is the time to simplify the management structure. When we asked ourselves, what is a better way to run the company? Alphabet and Google no longer need 'two CEOs and one president.' Going forward, Mr. Pichai will serve as the CEO of both Alphabet and Google. Mr. Pichai will lead Google and manage Alphabet's investments. I will be in charge of managing it,' he wrote on his blog.

Although Page and Brin are stepping down as Alphabet's CEO and president, they will 'remain actively involved in the company as directors, shareholders, and co-founders,' adding, 'I am particularly passionate about the company. I plan to continue to speak regularly with Sundar Pichai about the current issues.'

by Joi Ito

Meanwhile, Pichai, who will now be responsible for not only Google but also Alphabet, said, ``I want to be clear that the management transition will not affect Alphabet's structure or day-to-day work.I will continue to work closely with Google and Computing.'' I'm going to focus on deep work to push boundaries and build a more useful Google for everyone. At the same time, I'm excited about Alphabet and its long-term focus on tackling big challenges through technology. ” commented.

in Note, Posted by log1i_yk