Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, the company said in a blog post on Tuesday, reflecting the increasingly diminished public role of Page and Sergey Brin at the company they co-founded 21 years ago.
“While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents — offering advice and love, but not daily nagging!” Page and Brin wrote in the blog.
Alphabet, which also owns self-driving car technology company Waymo, health care software firm Verily and several other businesses, emerged in 2015 as part of a corporate restructuring. Page had wanted to focus on those newer businesses while leaving operational decisions at Alphabet’s biggest unit, Google, to Pichai.
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