Published: Wed, December 04, 2019
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Sundar Pichai Now CEO of Both Google and Alphabet

Sundar Pichai Now CEO of Both Google and Alphabet

Amidst restructuring, Google's co-founder and then-CEO, Larry Page, moved to oversee Alphabet while the SVP of Products, Sundar Pichai, was promoted as the new CEO of Google.

At the time, Google launched Alphabet as an umbrella holding company for both its core Google business as well as so-called other bets, which initially included its Nest smart device business as well as its Google Fiber internet access venture, and companies focused on robotics, self-driving cars and bio-technology. "We are deeply committed to Google and Alphabet for the long term". Larry Page and Brin, who founded Google more than two decades ago, said on December 3, 2019, that they were stepping down from executive roles at Google's parent company, Alphabet.

The announcement comes straight from Larry Page and Sergey Brin.

Earlier this year, Pichai met with Trump and appeared to ease the United States president's concerns that Google was unwilling to help the U.S. military but was boosting China and its military.

Page, once the face of the company, has largely receded from public view.At the same time, Google is confronting growing tensions with its own employees. It's not clear how Pichai, whom we're still pretty sure is just one human man, will be able to effectively double his workload, adding on Alphabet leadership to his role in leading Google.

Page and Brin founded Google in 1998 when they were Stanford students.

"We've never been ones to hold on to management roles when we think there's a better way to run the company", they said in the post.

Now Pichai is in charge of it all. Google co-founder Larry Page, meanwhile, was appointed as CEO over Alphabet.

The pair still hold more than 50 per cent voting shares of Alphabet. According to Forbes magazine, Page has a net worth of $52.4 billion and Brin $56.8 billion. They created the company known as Alphabet.

Alphabet stock was up less than one percent in after-hours trading on Tuesday to US$1302.38.

The geeky impulses carried into his adulthood, leading him to once build an inkjet printer out of Legos.

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