Era ends for Google as founders step aside. Larry Page and Sergey Brin, the stanford graduate students who have founded Google over two decades ago, are stepping down from executive roles at Alphabet, Google’s parent company, they announced on Tuesday. Google’s chief executive Sundar Pichai, will become the chief of both Google and Alphabet.
In a letter announcing the change, Page and Brin compared their 21 years at Google to raising a child, saying now was the “time to assume the role of proud parents.”Page and Brin have personified the company since its founding have been two of the technology industry’s most influential figures, founders of Apple and Microsoft, SteveJobs and BillGates. Even though they have stepped out of the company, they still hold more than 51 percent of the shares and remain as the company’s largest individual shareholders. They retain a majority of the company’s voting shares, which will give them the effective control over the board and ensure they maintain a say over the company’s future.
Pichai, one of the tech’s most powerful people is the sole executive in charge of a company that has giant business in search, advertising, maps , smartphone software and online video, as well as a variety of fledgling bets in far off areas like drone deliveries and internet beaming balloons.He added that his work will continue the “timeless mission” that Brin and Page have set for Google, which the mild-mannered executive called “a strong foundation on which we will continue to build”.
In a letter announcing the change, Page and Brin compared their 21 years at Google to raising a child, saying now was the “time to assume the role of proud parents.”Page and Brin have personified the company since its founding have been two of the technology industry’s most influential figures, founders of Apple and Microsoft, SteveJobs and BillGates. Even though they have stepped out of the company, they still hold more than 51 percent of the shares and remain as the company’s largest individual shareholders. They retain a majority of the company’s voting shares, which will give them the effective control over the board and ensure they maintain a say over the company’s future.
Pichai, one of the tech’s most powerful people is the sole executive in charge of a company that has giant business in search, advertising, maps , smartphone software and online video, as well as a variety of fledgling bets in far off areas like drone deliveries and internet beaming balloons.He added that his work will continue the “timeless mission” that Brin and Page have set for Google, which the mild-mannered executive called “a strong foundation on which we will continue to build”.
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