Larry Page, Sergey Brin step down; Sundar Pichai promoted as Alphabet CEO
Google's India-born Chief Executive Officer Sundar Pichai will assume the leadership role at its parent firm Alphabet after the internet giant's co-founders Larry Page and Sergey Brin stepped down from its active management, making him one of the most powerful corporate leaders of the world.
Page and Brin are stepping down as CEO and president, respectively, of Alphabet, the company announced on Tuesday.
Pichai, 47, the current CEO of Google and a longtime executive at the company, will take over as CEO of Alphabet in addition to his current role.
Considered as a significant shakeup in the Silicon Valley company, the shuffle comes at a time when Google is facing mounting scrutiny over its size, data privacy practices and potential impact on society.
With Alphabet now well-esta...