Google Co-Founder Larry Page Steps Down as Alphabet CEO
Dec. 4, 201921 years after foundingGoogleas Stanford students, Larry Page and Sergey Brin have decided to step down as CEO and President of Google’s parent company, Alphabet, leaving current Google CEO Sundar Pichai at the helm of both Alphabet and Google.
As Page and Brin depart from the company’s day to day management, they announced that Sundar Pichai will now be the CEO of both the companies, and handle day-to-day management. Their blog read,“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.”
However, Page and Brin will remain on the company’s board.“We are deeply committed to Google and Alphabet for the long term, and will remain actively involved as Board members, shareholders and co-founders,”read Page and Brin’s blog post.
