Google on Tuesday Dec 03,2019 appointed Indian-origin Sundar Pichai as the Chief
Executive Officer (CEO) of Alphabet, replacing Sergey Brin as the head
of the parent firm.
Alphabet was established in 2015 as a "collection of companies" that separates Google from Other Bets which are not part of its core businesses like Waymo (self-driving cars), Verily (life sciences), Calico (biotech R&D), Sidewalk Labs (urban innovation) and Loon (rural internet access via balloon)
Google co-founders Larry Page and Sergey Brin, the CEO and president of Alphabet, will continue their involvement as co-founders, shareholders and members of Alphabet`s Board of Directors.
On the other hand, Pichai has become the CEO of both Google and Alphabet. He will assume the role of managing the Alphabet`s investment in its portfolio of Other Bets
Alphabet was established in 2015 as a "collection of companies" that separates Google from Other Bets which are not part of its core businesses like Waymo (self-driving cars), Verily (life sciences), Calico (biotech R&D), Sidewalk Labs (urban innovation) and Loon (rural internet access via balloon)
Google co-founders Larry Page and Sergey Brin, the CEO and president of Alphabet, will continue their involvement as co-founders, shareholders and members of Alphabet`s Board of Directors.
On the other hand, Pichai has become the CEO of both Google and Alphabet. He will assume the role of managing the Alphabet`s investment in its portfolio of Other Bets
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