Larry Page and Brin steps down as CEO Sundar Pichai takes over
Google co-founder Larry Page is stepping down as CEO of Alphabet, while Brin is resigning as its president. Sundar Pichai will be CEO of both Google and its parent company Alphabet.
Page and Sergey Brin, who co-founded Google more than two decades ago while graduate students at Stanford University, will continue as members of Alphabet’s board of directors and still exercise considerable sway over the company as its two largest individual shareholders.
If you don’t spend much time thinking about Google’s management, this will sound like a very big deal. And any time the co-founder of one of the world’s most powerful companies steps down from atop the org chart, it’s certainly worth nothing.
Page and Brin acknowledged that Google is no longer the same company they founded. “Since we wrote our first founders’ letter, the company has evolved and matured,” they wrote Tuesday.