Tech

Sundar Pichai becomes CEO of Alphabet and Google, as Larry Page steps down

Google co-founder Larry Page.Justin Sullivan / Getty Images

Google and Alphabet co-founders Larry Page and Sergey Brin are no longer executives at Alphabet or Google. The Alphabet CEO and president, respectively, have announced they are leaving their positions. Current Google CEO Sundar Pichai will take over as CEO of both Google and Google's parent company, Alphabet. Page and Brin explained the move on Google's company blog:

With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it's the natural time to simplify our management structure. We've never been ones to hold on to management roles when we think there's a better way to run the company. 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 responsible and accountable for leading Google, and managing Alphabets investment in our portfolio of Other Bets. We are deeply committed to Google and Alphabet for the long term and will remain actively involved as Board members, shareholders, and co-founders. In addition, we plan to continue talking with Sundar regularly, especially on topics we're passionate about!

Alphabet was created in 2015 as a way to organize and separate the various "other bets" that Google was making with increasing frequency. Alphabet was created as Google's parent company, then-current Google CEO Larry Page and President Sergey Brin moved up to Alphabet, and Sundar Pichai was elevated to Google CEO. The move was seen as a semi-retirement for the two co-founders, allowing them to step away from the day-to-day monotony of running an ad and search engine company and focus on more exciting, futuristic endeavors like self-driving cars, robots, flying delivery drones, and Internet delivered via balloon. Page also has health issues to deal with: he has been fighting vocal cord paralysis since 1999, which at times has caused him to lose his voice entirely and be unable to perform normal CEO duties.

There has always been a fuzzy division line between Alphabet and Google. The various Alphabet divisions, of which Google is one, are often described as "independent companies," but the companies frequently collaborate together, share resources, or get spun off or merged with Google. Google acquireRead More – Source