Larry Page and Sergey Brin will remain employees of Alphabet and retain their seats on the board, but Sundar Pichai will now oversee Google's parent firm. Page and Brin created the internet giant 21 years ago.
Image: picture-alliance/NurPhoto/A. Pohl
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Google chief Sundar Pichai was named Chief Executive of parent company Alphabet on Tuesday, during a reshuffle of executives.
Incoming Alphabet chief, Sundar Pichai, was lauded for his work as Google CEOImage: picture-alliance/dpa/J. Chiu
Google co-founder Sergey Brin — who was Alphabet's president until Tuesday's announcement — and Page "will continue their involvement as co-founders, shareholders and members of Alphabet's board of directors," the company said.
Fleeing the nest
They announced the news in a Google blog post, stating the company has "evolved and matured" since the pair founded it in 1998.
"Today, in 2019, if the company was a person, it would be a young adult of 21 and it would be time to leave the roost," they said.
India's global CEOs
DW profiles some of the India-born chief executive officers (CEOs), who are currently in charge of global companies, including Microsoft and PepsiCo. Google's Sundar Pichai is the latest addition to this list.
Image: Reuters/R. Galbraith
Satya Nadella
Born in Hyderabad, India, Satya Narayana Nadella became the CEO of the US technology giant Microsoft in early 2014. After completing his Bachelor's in India, he went to the US to pursue higher education in Computer Science. Nadella had worked with Sun Microsystems before joining Microsoft in 1992.
Image: Reuters
Sundar Pichai
An Indian Institute of Technology alumnus, Pichai is the new CEO of Internet giant Google. The Chennai-born soft-spoken Pichai joined the company in 2004. Larry Page, one of Google's two founders, said this in his recent blog about Pichai: "I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google."
Image: picture alliance/dpa/J. Chiu
Indra Nooyi
Nooyi has been the CEO of PepsiCo - the second-largest food and beverage comapny in the world by net revenue - since 2006. She has consistently ranked among the world's 100 most powerful women. Like many others, she attended schools and colleges in India before leaving the country for higher education in the US.
Image: AP
Shantanu Narayen
Like Microsoft's chief Nadella, Narayen is an alumnus of the Hyderabad Public School. He is the CEO of Adobe Systems. Narayen started his professional career at Apple.
Image: Getty Images/J. Sullivan
Rajeev Suri
Nokia's CEO Rajeev Suri went to the Manipal Institute of Technology. He became Nokia's boss after the sale of Nokia's phone division to Microsoft Mobile was completed.
Image: picture-alliance/AP Photo/R. Rekomaa
Ajaypal Singh Banga
Ajay Banga has been in charge of MasterCard since 2010. An Economics graduate from Delhi University, Banga did his MBA from the Indian Institute of Management, Ahmedabad.
Image: picture-alliance/AP Photo/N. Hutton
Ivan Menezes
Another graduate of the Indian Institute of Management in Ahmedabad, Menezes is currently CEO of Diageo, a multinational alcoholic beverages company.
Both founders will remain on the board, promising an active role, and praised incoming CEO of Pichai for his leadership of Google.
According to an Alphabet SEC filing in April, Page holds 42.9% of the company's Class B shares and 26.1% of its voting power. Brin holds 41.3% of the Class B shares and 25.2% of the voting power.