Google just made a surprising announcement on the company’s restructuring. Sundar Pichai is going to be the CEO of Google. Now Google is going to report to a new parent company called Alphabet Inc. which will be headed by Larry Page as CEO and Sergy Brin as the president.
Page explained about Alphabet on his blog saying, “What is Alphabet? Alphabet is mostly a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main Internet products contained in Alphabet instead.”
Page went on and said “Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company, called Alphabet. I am really excited to be running Alphabet as CEO with help from my capable partner, Sergey, as President.”
Eric Schmidt the former CEO of Google reacted on the company’s name on Twitter saying it’s awesome!
I think the Alphabet name is Awesome. http://t.co/2bqtPEjoQH
— Eric Schmidt (@ericschmidt) August 10, 2015
Sundar Pichai who has done his Bachelors from IIT Kharagpur was heading the Android division till now. The Stanford, Mckinsey alumnus will be heading the Search giant moving forward. We hope Sundar and Google to reach new heights!
Author: StoryGAG Official
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