Google co-founders step down as Pichai named Alphabet CEO

  • SAN FRANCISCO: Google co-founders Larry Page and Sergey Brin are stepping down from their roles at the helm of parent firm Alphabet and handing the reins to current Google CEO Sundar Pichai, the company said Tuesday.
  • Pichai will take over from Page as CEO of the holding firm, a Silicon Valley titan that includes Google as well as units focused on ” other bets” in areas including self-driving cars and life sciences.
  • Page and Brin, who is currently Alphabet president, ” will continue their involvement as co-founders, shareholders and members of Alphabet’s board of directors,” the company said.
  • Pichai, born in India, takes the helm at a time when Page and Brin, both 46, have been noticeably absent, and the company faces a torrent of controversies relating to its dominant position in the tech world.

Read full article: siasat.com