Twenty-one years after Google's creation in a messy garage in Menlo Park, California, Larry Page and Sergey Brin have abandoned the company's leadership to assume the role of "proud parents" who offer advice and support love, but not daily nagging!
Page and Brin's decision to hand over control of Google and its parent company Alphabet to longtime Lieutenant Sundar Pichai marks the end of an era for the search engine giants. They have developed their image and followed their personal values.
Your retirement from the Executive Suite is the biggest change at the top of a US technology powerhouse since Steve Jobs resigned as Chief Executive from Apple just before he died of cancer in 201
"Today, in 2019, If the company was a person, it would be a 21-year-old young adult, and it would be time to leave the neighborhood," Google's founders wrote in a public letter on Tuesday , "Although it has been a great privilege to be involved in the daily management of the company for so long, we believe it is time to take on the role of proud parents – offering advice and love, but not daily nagging!  "We never have a leadership role when we believe that there is a better way to run the business. And Alphabet and Google no longer need two CEOs and one president. "
Pichai, 47, who was previously Chief Executive of Google, will assume all these roles as Chief Executive of Alphabet. He owns about 0.1% of the shares of Alphabet.
"I'm excited about Alphabet's long-term focus on overcoming technology challenges," said Pichai, who has been with the firm since 2004, on Twitter. "Thanks to Larry & Sergey, we have a timeless mission, enduring values and a culture of collaboration and exploration – a strong foundation upon which we will continue to build."