Larry Page And Sergey Brin Make Way For Sundar Pichai Take Over The Reins Of Business
Sundar Pichai is promoted as CEO of Alphabet. Presently he is CEO of Google but ready to take the new responsibility as the founding fathers of the tech giant Larry Page and Sergey Brin decided to step down from the active management.
Why Page and Brin opted out of management?
The founding fathers of Alphabet had already started reducing their roles in the day-to-day operations of the company since 2015. And they thought that the it was the right time to share the responsibility.
Alphabet is well-established and Google and the “Other Bets” working properly. Also, there is little need to different CEOs for Alphabet and Google. Sundar Pichai was considered the right man for becoming CEO of Alphabet and Google. He will the executive responsible for managing the parent company and the “Other Bets”.
What was the role of Page and Brin in the present setup?
It is made clear that Larry Page and Sergey Brin are only limiting their responsibilities and that they will continue to be in the board of the company. As board of directors, they will remain in touch with Sundar Pichai in important matters. They said that the transition won’t have any affect on day-to-day business of the company.
What are the challenges for Sundar Pichai?
Google is already under pressure for mounting scrutiny over its size and data practices and the potential impact of its data policies on the society. The present shuffle is considered the biggest change in Silicon Valley. It made Sundar Pichai one of the most powerful CEOs of the world.
Source: https://bit.ly/2ONXRbd