Although the technological market produces news practically every minute, not all of them are as relevant as the one that has just been produced within Alphabet. The owner of Google and one of the most powerful companies on the planet just changed CEO, and the responsibility falls on an old acquaintance of the company.
Sundar Pichai is the person in charge of taking the helm of Alphabet and Google in its entirety, not only of the Google plot that it headed so far. Sergei Brin and Larry Page, current CEO and president of the company, resign from their position for the benefit of Pichai, and will remain linked to the company in addition to maintaining their seats on the board.
"Alphabet and Google no longer need two CEOs and one president"
The statement was produced today, December 3, 2019, and begins as follows:
"Google is not a conventional company. We do not intend to become one. Throughout the evolution of Google as a private company, we have managed Google differently. We have also emphasized an atmosphere of creativity and challenges that has helped us provide impartial access , accurate and free to information for those who trust us worldwide. "
The statement continues to briefly tell the story of a Google that this August 19 turned 21 years old, while praising the work of Sundar Pichai in command of Google all this time. Another novelty is that Sundar Pichai will not cease to be CEO of Google but will be in charge of the two companies, both Google and Alphabet, the parent company.
"Now that Alphabet is well placed and that Google and other bets operate effectively as independent companies, it is the natural time to simplify our administrative structure. […] And Alphabet and Google no longer need two CEOs and one president. In the future, Sundar will be the CEO of Google and Alphabet. He will be the executive responsible for leading Alphabet and managing Alphabet's investment in our "Other bets" portfolio.
Both Brin and Page speak of a future position because we assume that now a transition period will begin between the withdrawal of both and the start of the new direction with Sundar Pichai at the controls. Both Larry Page and Sergei Brin say that will remain linked to Google and Alphabet "in the long term, and we will continue to participate actively as board members as shareholders and co-founders.
Pichai will be CEO of both Google and Alphabet so there will be no change of address in the big G
Thus, a new stage begins in Google and Alphabet. With 21 years of life, the company has a new CEO and is an old acquaintance of the company. The Sundar Pichai who led Android, later did the same with Google and has finally ended up leading one of the most powerful companies in the world.
"We are deeply honored to have seen a small research project become a source of knowledge and empowerment for billions, a bet we made as two Stanford students that led to a multitude of other technological bets. We could not have imagined, in 1998, when we moved our servers from one bedroom to a garage, the trip that would follow. "
Via | Google