A closer look at why Google’s founders are stepping down

By William Smith

Google has announced that its co-founders Larry Page and Sergey Brin are standing down from their roles at parent company Alphabet.

Page’s role as Alphabet CEO will be assumed by Google’s CEO Sundar Pichai, who will also retain his current role, while Brin’s position as President will be abolished. Page and Brin will both remain on the board, however, and retain control of 51% of the voting rights, suggesting a soft transition of power as opposed to a coronation.

Alphabet was created as part of a 2015 restructure, with the aim being for Google to focus on its core services while projects the company refers to as “Other Bets” (such as Waymo’s autonomous cars) would fall under the Alphabet umbrella. The reunification of the leadership of Google and Alphabet is addressed by the two, who wrote in a blog post that it was “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.”

SEE ALSO:

Pichai, who assumed the role at the formation of Alphabet, is Indian-born, and has worked at the company since 2004 across products such as Chrome and Drive. Since becoming CEO, he has acted as Alphabet group’s most outwardly facing figure, with Brin and Page assuming a more background role. It’s a theme they apparently hope to continue, with the two saying in their blog post that they “believe it’s time to assume the role of proud parents” (albeit parents with majority voting rights).

They might well be proud, having taken Google/Alphabet from a search engine called Backrub, to a Californian garage, to the world’s 17th largest public company (there may have been some other steps along the way). Pichai will now assume control of the company as it embarks upon projects such as the acquisition of Fitbit and the ongoing support of its Stadia cloud gaming service.

For more information on business topics in the United States, please take a look at the latest edition of Business Chief USA.

Follow Business Chief on LinkedIn and Twitter.

Share

Featured Articles

Amelia DeLuca, CSO at Delta Air Lines on Female Leadership

Driving decarbonisation at Delta Air Lines, Chief Sustainability Officer Amelia DeLuca discusses the rise of the CSO and value of more women in leadership

Liz Elting – Driving Equality & Building Billion-$ Business

Founder and CEO Liz Elting Turned Her Passion into Purpose and Created a Billion-Dollar Business While Fighting for Workplace Equality – and Winning

JPMorgan Chase: Committed to supporting the next generation

JPMorgan has unveiled a host of new and expanded philanthropic activities totalling US$3.5 million to support the development of apprenticeship programmes

How efficient digital ecosystems became business critical

Technology & AI

Mastercard: Supporting clients at a time of rapid evolution

Digital Strategy

Why Ceridian has boldly rebranded to Dayforce

Human Capital