Sundar Pichai was previously CEO of Google and assumed this role in 201
The announcement comes directly from Larry Page and Sergey Brin. In the post, which is unique for a relatively straightforward announcement, both Page and Brin mention that they continue to have active roles as directors, shareholders and co-founders.
Here's the important part of her long announcement.
With Alphabet now well established and Google and the other bookmakers as independent companies, it's time to simplify our administrative structure. We never held leadership positions when we think there is a better way to run the business. And Alphabet and Google no longer need two CEOs and one president. In the future, Sundar will be the CEO of Google and Alphabet. He is responsible for managing Google and managing Alphabet's investment in our Other Bets portfolio. We are committed to Google and Alphabet over the long term and will continue to actively act as board members, shareholders and co-founders. In addition, we plan to speak with Sundar on a regular basis, especially on issues that are particularly close to our hearts!
Although I know that Sundar is well compensated for his work, I have no idea how much time and time a person has the strength to be a business executive in both businesses. Very impressive.
Good luck, Mr. Pichai!