Sundar Pichai becomes CEO of Alphabet, Google's parent company

Sundar Pichai Now CEO of Both Google and Alphabet

Google co-founders Larry Page and Sergey Brin have announced that they are stepping down from their positions as CEO and president of Google parent company Alphabet. The two men have personified the company for more than 20 years, though they took a lesser role in day-to-day operations in 2015 when they turned Google into Alphabet, a holding company that also includes self-driving auto company Waymo among its pieces.

Google's chief executive Sundar Pichai will now take over the responsibilities of Page, who had been chief executive of Alphabet; and Brin, who had been president of Google, according to a Tuesday statement.

Google has almost doubled its headcount since Pichai took over as chief executive, growing from a company of 59,000 employees to 114,000 now. Both Page and Brin will continue to be involved as board members, shareholders and co-founders, so they will still be consulting Pichai as his new role as the CEO of Google and Alphabet.

FILE - Alphabet CEO Larry Page speaks during a meeting of tech industry heads at President-elect Donald Trump's offices at Trump Tower in Manhattan, Dec. 14, 2016. It also named Pichai the CEO of Google.

Pichai, 45, has been CEO of Google since 2015 and a member of the company's board since 2017.

Mr Brin and Mr Page met as Stanford University graduate students in 1995 and started the company soon after.

The pair have been stepping back from the company's leadership for a while, preferring to stay out of the public eye and to focus on projects that particularly interest them.

They added that Pichai "brings humility and a deep passion for technology to our users, partners and our employees every day" and that there is "no better person to lead Google and Alphabet into the future".

Now Pichai is in charge of it all.

Mr Brin holds 41.3 per cent of the Class B shares and 25.2 per cent of the voting power.

The founders wrote a long letter about the change on the official Google blog.

Page began working on personal computers when he was just 6 years old in 1979, when home computers were a rarity.

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