Revolution at Alphabet, the holding company that controls Google. Larry Page and Sergey Brin, brains and souls of the search engine born 21 years ago, leave their operational positions, putting the Mountain View colossus in the hands of Sundar Pichai, who until today has held the position of CEO of Google and who will become the number one of the entire team.
Larry Page has resigned as CEO of the parent company, Brin those of general manager, a role that will be completely deleted. The two, although without executive positions, will however remain on the board of directors, holding shares equal to 14% of the company and voting rights equal to 56%.
The new structure was announced in a post on the Google blog, in which the two managers justified their decision by explaining that they want to simplify Alphabet's management structure, but of wanting to continue to closely follow the fate of the company.
It is the “end of an era” writes the New York Times, while The Verge comments the news saying that the choice "is no surprise to those who have followed the careers of Page and Brin since 2015. The two have rarely appeared in public, and equally rarely have spoken with investors or attended the launch of the company's products", leaving the administration of Alphabet to chairman Eric Schmidt.
Page and Brin had founded Google in 1998, giving birth to the search engine and causing an epochal revolution in the world of technology and communication. Their "invention" has also paid off from an economic point of view, making them respectively the sixth and seventh richest person in the world with assets equal to 58,9 (Page) and 56,8 billion dollars (Brin).
The guidance of Alphabet is therefore in the hands of Sundar Pichai, a 47-year-old Indian, who arrived in Mountain View in 2015, after having administered Android and the Chrome browser, on the occasion of the corporate restructuring that had led to the birth of the parent company Alphabet, of which Google has become the main subsidiary, and to the remaining corporate structure standing until yesterday.
“Sundar brings humility and a great passion for technology to our users, partners and employees every day. We could not have done better to lead Google and Alphabet into the future,” commented Page and Brin.
