The founders of the search engine will no longer head the holding company that also controls Google: the letter from Page and Brin.
There is an air of change in that of Mountain View, and with the end of the year, sums are starting to come up and preparing the ground not only for the next year, but more generally for the future.
Through a post on the official blog, Larry Page is Sergey Brin have communicated that they have left the helm of Alphabet to Google's already managing director, the flawless Sundar Pichai.
Today, in 2019, if the company was a person, it would be a 21-year-old young adult and it would be time to leave the nest. Although it has been a huge privilege to be deeply involved in the daily management of the company for so long, we believe that the time has come to take on the role of proud parents: to offer advice and love, but not daily intrusions!
With Alphabet now consolidated, Google and the Other Bets operating effectively as independent companies, the time to simplify our management. We have never been clinging to managerial roles, we think there is a better way to manage the company. And Alphabet and Google no longer need two CEOs and a president. In the future, Sundar will be the CEO of both Google and Alphabet. He will be the executive director and responsible for driving Google and managing Alphabet's investments in our Other Bets portfolio. We will remain deeply committed to Google and Alphabet over the long term, and we will be actively involved as board members, shareholders and co-founders. In addition, we plan to continue talking regularly with Sundar, especially the topics we are passionate about!
A move that was not surprising for many, since the two founders of Google had long preferred to stay behind the scenes, without taking part even in the main events of the company dedicated to developers.
However, Page and Brin will still keep the majority of votes on the board of directors, while delegating the burden of leading an impressive holding company like Alphabet to the current Google CEO, Sundar Pichai.
Sundar brings humility and deep passion for technology to our users, partners and employees every day. He has worked closely with us for 15 years, through the formation of Alphabet, as Google CEO and member of the Alphabet board of directors. It shares our confidence in the value of the Alphabet structure and in the ability that allows us to face great challenges through technology. There is no one on whom we have relied more since the founding of Alphabet to date, and we couldn't have had anything better to guide Google and Alphabet into the future.
In response to the heartfelt letter from the two founders, Pichai added:
I want to be clear that this transition will not affect Alphabet's structure or the work we do every day. I will continue to focus heavily on Google and the deep work we are doing to push the boundaries of computing and create a more useful Google for everyone. At the same time, I'm excited about Alphabet and its long-term focus on tackling the big challenges through technology.