Larry Page is stepping down as the chief of the Google parent company
Google CEO Sundar Pichai has been elevated to run the search giant's parent company, Alphabet, co-founder Larry Page and Sergey Brin announced in a blog post on Tuesday.
"Sundar brings humility and a deep passion for technology to our users, partners and our employees every day," Page and Brin wrote in the blog post. "He's worked closely with us for 15 years, through the formation of Alphabet, as CEO of Google, and a member of the Alphabet board of directors. He shares our confidence in the value of the Alphabet structure, and the ability it provides us to tackle big challenges through technology.
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