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Sundar Pichai named the CEO of entire Google empire as the co-founders step down. The founders of Google announced that Alphabet, Google’s parent company no longer need a CEO and a president, as the company is already well structured and operating effectively.

Now, Sundar Pichai will have the direct control of Alphabet’s child companies,

Google – Leading Search engine & internet related services

Waymo – A self-driving technology development company

Wing – Develops technology of drone-based delivery

Loon – ballon powered internet provider

And other research & development companies of Alphabet INC.

“There’s no one other than Pichai we relied on more since Alphabet was founded and Pichai is the better person to lead Alphabet and Google”, Google co-founders wrote in the letter.

“We believe it’s the time to spend time with family offering them advice and love as proud parents” added in their letter.

Despite, stepping down Larry Page and Sergey Brin will have the large number of deciding stake in the company and continue to guide Pichai on technology transformations.

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To read more, follow link below..

https://in.pcmag.com/news/134202/google-co-founders-step-down-sundar-pichai-to-lead-alphabet