India-born Sundar Pichai will be the new CEO of Google under a major restructuring at the technology giant. Co-founder Larry Page ...
India-born Sundar Pichai will be the new CEO of Google under a major restructuring at the technology giant.
Co-founder Larry Page lauded the IIT alumnus “progress and dedication” and said it is “time” for him to take over the company’s reins.
In a surprise and significant re-organisation, Mr Page announced the formation of a new parent company Alphabet Inc which will replace Google as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights.
Google will become a wholly-owned subsidiary of Alphabet, which will have Mr Page as CEO and co-founder Sergey Brin as president.
Mr Pichai, 43, who was previously in-charge of product and engineering for Google’s Internet businesses, will be the CEO of the “slightly slimmed down” Google
He received a B.Tech from the Indian Institute of Technology, Kharagpur, and holds an M.S. in engineering and materials science from Stanford University and an MBA from the Wharton School.
He joined Google n 2004 as its vice-president of product management, where he led the team working on Google’s Chrome browser and operating system.
In a blog post on Monday, Mr Page lauded Mr Pichai for is work at the company and said he feels “very fortunate” to have someone as “talented” as Mr Pichai to “run the slightly slimmed down Google”.
