Indian-American Sundar Pichai appointed CEO of Google's parent company 'Alphabet'

New Delhi, December 4, 2019:

Indian-American Google CEO Sundar Pichai has been appointed as the head of the parent company of Google, 'Alphabet', after Google co-founders Larry Page and Sergey Brin stepped down from the leadership role. This makes him one of the most powerful corporate leaders in the world.

Reportedly, the remarkable change in the Silicon Valley company came to light after an announcement in this regard was made by Page and Brin in a letter to the company employees. This also included a statement from Sundar Pichai.

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In the letter, the two Google co-founders wrote, “With Alphabet now well-established, and Google and 'Other Bets' operating effectively as independent companies, it's the natural time to simplify our management structure.”

“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.

The duo added, “And Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet. He will be the executive responsible and accountable for leading Google, and managing Alphabet's investment in our portfolio of Other Bets.”

“We are deeply committed to Google and Alphabet for the long term and will remain actively involved as Board members, shareholders, and co-founders. In addition, we plan to continue talking with Sundar regularly, especially on topics we're passionate about!” they added.

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Expressing excitement over the appointment, Pichai in his statement made it clear that the development will not affect the Alphabet structure or the work they do day today. “I will continue to be very focused on Google and the deep work we're doing to push the boundaries of computing and build a more helpful Google for everyone,” he wrote.

“There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future," Page and Brin said.

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