Back in 2015 Larry Page and Sergey Brin created a new parent company for Google called Alphabet. The pair then passed the Google torch to Sundar Pichai when Alphabet, making him the new Google CEO. The pair are now once again handing the torch to Pichai, making him the CEO of both Google and Alphabet.
Page and Brin have spoken up and said that Alphabet is now well-established, Google and Other Bets are operating effectively as independent companies and it is time to work on the management structure of the business. Pichai will be responsible and accountable for leading Google and managing the other investments that Alphabet has in its portfolio. Both Page and Brin will remain active as Board members, shareholders, and co-founders.
Sundar brings humility and a deep passion for technology to our users, partners and our employees every day. He’s worked closely with us for 15 years, through the formation of Alphabet, as CEO of Google, and a member of the Alphabet Board of Directors. He shares our confidence in the value of the Alphabet structure, and the ability it provides us to tackle big challenges through technology. There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future.
Pichai states that his transition to taking over Alphabet won’t have any effect on the normal day-to-day work.
With Sundar Pichai being promoted to CEO of Alphabet, he’ll be taking on another big role. However, that won’t stop him from helping Google move forward with its innovation and coming out with new products and services.
What do you think of Sundar Pichai being promoted to CEO of Alphabet and Google? Let us know in the comments below or on Twitter, or Facebook. You can also comment on our MeWe page by joining the MeWe social network.Source: Google