Sundar Pichai has replaced Larry Page and Sergey Brin as the CEO of Alphabet. Sergey Brin and Larry Page are the founders of both Alphabet and Google. In 2015, they changed the hierarchy system, hence, making Pichai the CEO of Google whilst they stayed on as joint CEOs of the parent company. Recently, they stated that they want to step down from their executive positions but will still take a major part in the company as members of the board and share-holders.
“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!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 Alphabet’s 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,” said Brin and Page in a joint statement.
SundarPichai is a graduate from IIT in India and has been a part of Google since 2004. He had taken on the role of CEO in 2015 and has made marked improvement for the company including the introduction of Google Maps.