Sundar Pichai Chosen As CEO Of Alphabet

Google founders Larry Page and Sergey Brin has recently announced that Google CEO Sundar Pichai will soon be replacing Page as the CEO of the parent company Alphabet.
In addition, the news also tells that Brin is stepping down from his role as Alphabet’s president.
Alphabet has first came into existence in the year 2015 as “a collection of companies” which separate Google from its  “other bets” that aren’t part of its core businesses, which are for example are Waymo (self-driving cars), Verily (life sciences), Calico (biotech R&D), Sidewalk Labs (urban innovation) and Loon (rural internet access via balloon).
At the time, Page has shifted from the Google CEO role to Alphabet CEO, with Pichai who is stepping in to lead the search giant. However, Page and Brin has written today that “Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet.”
Pichai has been Google’s public face from long while now, but this move has cemented his leadership of the larger company, while also moving Page and Brin out of the limelight.
“I’m excited about Alphabet and its long term focus on tackling big challenges through technology,” Pichai has said in a statement. “I’m looking forward to continuing to work with Larry and Sergey in our new roles. Thanks to them, we have a timeless mission, enduring values, and a culture of collaboration and exploration. It’s a strong foundation on which we will continue to build.”
About Pichai, Page and Brin wrote in report:
Sundar brings basic humility and a deep passion for technology to our users, partners and our employees every day. He’s worked very closely with us for a time period of 15 years, through the formation of Alphabet, as CEO of Google, and a member of the Alphabet Board of Directors. He also shares our confidence adding 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 will be into the future.
And rather than framing this in form of a departure, the pair has suggested that they’ve “never been ones to hold on to management roles when we think of there’s a better way for running the company” and that they remain “deeply committed to Google and Alphabet for the long term, and will remain actively involved as Board members, shareholders and co-founders.”

By: Prerana Sharma
Content: https://techcrunch.com/2019/12/03/sundar-pichai-alphabet-ceo/