Sundar Pichai has been elected to be the new CEO of Alphabet, Google’s parent company after its founders Larry Page and Sergey Brin step down from their role of CEO and President respectively.
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Sunder Pichai, an Indian American has been leading the world’s giant search engine Google from 2015. He has now attained a new height by taking over Alphabet, the parent company of Google. The founders of Alphabet, Larry Page and Sergey Brin, the CEO and president respectively has announced the employees about their stepping down.
When Google was handed to Pichai, the market cap of the search giant has increased more than double the amount. Sundar Pichai has taken the leading role of Alphabet at a very crucial time as Alphabet is facing a heavy competition in the technological grounds.
In his tweet, Pichai said that he was excited about the new role that he has taken. He also added that he will continue to work with them (Page and Brin) in different roles.