Original title: two founders of Google resigned and current CEO takes over the parent company
Four seas net news two co founders of Google give up control of the company. On December 3 local time, the verge reported that Larry Page, the CEO of Google's parent company alphabet, announced that he would step down and be replaced by sun Pichai, CEO of Google, and would take on more tasks.
Meanwhile, Sergey Brin, Google's co-founder, will also step down as president of alphabet, which will be canceled later and will not be set up within alphabet.
However, they will remain on the board of alphabet and continue to participate in the management.
In a blog post, page and Brin said: 'with the good development of alphabet and the availability of Google and other bets as independent companies, this is a great time to simplify our management structure. When we think there needs to be a better way to run a company, we don't take management positions. Alphabet and Google no longer need two CEOs and one president. '
In the future, he will be CEO of Google and alphabet. 'he will be an executive in charge of leading Google and managing our other investments in alphabet. 'the founders also said they would remain actively involved in the management of alphabet's board.
It is understood that page and Brin founded this search engine company in 1998 and successfully listed in 2004, which is one of the most representative companies in the Internet era.
In 2015, Google reorganized its business and upgraded to the parent company of alphabet. At that time, page, who was originally the CEO of Google, became the CEO of alphabet, while Brin, the co-founder, became the president of the group. Sandar & middot; Picasso also became the CEO of Google in that year.
Within hours of the announcement, alphabet's shares were up about 0.5 percentage points.
The report said the news was shocking at first, but the two founders of Google have rarely appeared in public since the company restructured in 2015. In fact, the creation of alphabet was controversial, marking a new corporate structure unprecedented in Silicon Valley.
Alphabet is designed to divide Google into major businesses, including search engines and nearly a dozen other large products, as well as other parts of the company, such as X labs and waymo, a driverless company.