Google’s co-founders Larry Page and Sergey Brin have stepped down from their respective position of CEO and President from Alphabet as announced today and Google CEO Sundar Pichai now leads both the companies effective immediately.
Page and Brin will still be involved as co-founders, board members, and shareholders of the company, but they have given up their leadership roles for the first time since 2011 when Eric Schmidt was replaced by the CEO position of Google.
Page and Brin explained this decision as a “natural time” to streamline management since Alphabet is “well-established” now and its various brands (including Google) are operating comfortably as independent companies. They said that the two companies don’t need separate CEO and President and also pointed Pichai as the logical pick with both his extensive experience and “confidence in the value of the Alphabet structure.”
Sundar grew up in Chennai, India and studied engineering at the Indian Institute of Technology where he was awarded an Institute Silver Medal. He joined Google in 2004 and helped lead the development of Google Toolbar and then Google Chrome, which grew to become the world’s most popular internet browser.
In 2014 he was appointed to lead product and engineering for all of Google’s products and platforms – including popular products such as Search, Maps, Play, Android, Chrome, Gmail and Google Apps (now G Suite). Sundar became Google’s CEO in August 2015.