Google co-founder Larry Page and Sergey Brin resign
Google co-founders Larry Page and Sergey Brin announced their resignations in their latest blogs and no longer serve as CEO and president of Google’s parent company. Prior to Google’s reorganization and the establishment of Alphabet, the two co-founders served as the president and CEO of the parent company, respectively, and Google became a subsidiary. Google, a subsidiary, is headed by Sundar Pichai, a senior manager of Indian descent, who is now at the helm of Google’s parent company.
“Google’s CEO Larry Page – Digital Illustration” by Sheik Mohaideen A is licensed under CC BY-NC-ND 4.0
In the blog, Larry Page and Sergey Brin announced that they would leave Google and no longer participate in the daily business operations or other aspects of Google and Google’s parent company. However, the two co-founders still hold the shares of the Google parent company and enjoy voting rights, and still, have control over the major decisions of the Google parent company. Larry Page and Sergey Brin will also continue to be directors of Google’s parent company, except that neither founder will participate unless there are major issues. In a farewell letter, Sergey Brin stated that Google’s previous restructuring was mainly aimed at achieving the success of its subsidiaries through a strong leadership structure.
As Google’s parent company enters a period of stable development, Google and other businesses effectively operate as independent companies, so it is natural to simplify the management structure. So neither Google’s parent company nor Google needs to have two CEOs and one president, and now only one person needs to be the CEO and president.
Sundar Pichai joined Google in 2004 and has been responsible for the development and operation of Google Chrome, Chrome OS, and Google Drive products. Sundar Pichai will be the CEO and President of both Google’s parent company and Google, responsible for the daily operations of Google’s parent company and Google’s company.
