Tuesday, December 3, 2019

Google's Co-Founders Are Stepping Down. Sundar Pichai Will Become CEO Of Google And Alphabet.


Larry Page and Sergey Brin, who co-founded Google in 1998, are stepping down from their day-to-day roles at Google's parent company Alphabet, and handing leadership responsibility to Sundar Pichai, who will serve as CEO of both Google and Alphabet moving forward.

Previously, Page served as CEO of Alphabet, while Brin served as President. Both Page and Brin will continue on as shareholders and members of Alphabet’s Board of Directors, according to a letter published by the two co-founders today.

Google founders Sergey Brin, left and Larry Page, right, are shown at the companies headquarters in Mountaint View, Calif., Thursday March 13, 2003.
Google founders Sergey Brin, left and Larry Page, right, are shown at the companies headquarters in Mountaint View, Calif., Thursday March 13, 2003.
"While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents—offering advice and love, but not daily nagging," Page and Brin wrote.
This is a developing story...