Google CEO Sundar Pichai gets promoted to topmost job
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Sundar Pichai the current CEO of Google is one of the most influential and highest salaried persons on earth. The Chennai born techie has now been elevated to head Alphabet Inc., the parent company of Google and all other companies under the umbrella making Tamil Nadu and India proud.
Google and Alphabet founders Larry Page and Sergey Brin are stepping down and will remain as board members and have more than 50 percent of the voting power with a significant stake in the company. Their joint statement reads "Sundar brings humility and a deep passion for technology to our users, partners and our employees every day. He's worked closely with us for 15 years, through the formation of Alphabet, as CEO of Google, and a member of the Alphabet board of directors. He shares our confidence in the value of the Alphabet structure, and the ability it provides us to tackle big challenges through technology. There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future."
Page and Brin added "With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it’s the natural time to simplify our management structure. We've never been ones to hold on to management roles when we think there’s a better way to run the company. And Alphabet and Google no longer need two CEOs and a president."
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