Founders of a search giant Google, Larry Page and Sergey Brin are stepping aside and handing over the reins to Sundar Pichai. Additionally, to his current responsibilities as CEO of Google, Sundar will replace Larry Page and take over as CEO of Alphabet, which is the parent company of Google. It is around four years since the announcement of Google restructuring itself under an umbrella called the Alphabet has been made. With these restructuring, internet businesses of Google, including map app, search engine were separated from other projects which were experimental like driverless cars.
Alphabet owns many companies, including health care software companies, self-driving car technology. Larry Page and Sergey Brin controlled Alphabet, and Sundar Pichai, who is an Indian immigrant, became Google’s CEO. Cofounders would be the board members. As both Alphabet and Google were operating effectively as an independent company and to simplify the management structure, cofounders stepped back. Pichai said that he is very excited about the Alphabet and long term focus on solving significant challenges with the help of technology.
Google and Alphabet are facing scrutiny from all sides. Google is facing the most significant cultural challenges, and many employees walked off the job as management was unable to handle sexual misconduct in the company. Four former employees who got fired for data security policy violation accused Google of engaging in protected labor organizing and are planning to file charges. On the same day, Page and Brin announced that they are stepping aside. John Hennessy, who is chairman of Alphabet board, applauded the contributions Brin and Page made over the past 21 years. Tim Bajarin, president of creative strategies, said that Pichai had done a great job even after much tremendous scrutiny. Page and Brin wrote that they had great privilege involving in day-to-day management for so long. Now they will play the role of proud parents who will offer love and advice, but not daily nagging.