However, both will continue their involvement as co-founders, shareholders, and members of Alphabets Board of Directors.
And Alphabet and Google no longer need two CEOs and a President.
Going forward,Sundar Pichai, Googles chief executive, will become the CEO of both Google and Alphabet.
Besides this, he will also remain a member of Alphabets Board of Directors.
Pichai, who has been with Google since 2004, did his engineering from India.
Im excited about Alphabet and its long term focus on tackling big challenges through technology.
Im looking forward to continuing to work with Larry and Sergey in our new roles.
Its a strong foundation on which we will continue to build, Pichai said inAlphabets news releaseTuesday.
Despite not holding important management roles at Alphabet, the two plan to continue talking with Pichai regularly.
Sundar brings humility and a deep passion for technology to our users, partners and our employees every day.
source: www.techworm.net