Google founders step down, Pichai takes helm

Sundar Pichai, Google’s CEO will also become the chief of the parent company Alphabet after the internet giant’s co-founders Larry Page and Sergey Brin stepped down from their executive roles, making the India-born tech wizard one of the world’s most powerful corporate leaders.

Page and Brin are stepping down as CEO and President, respectively, of Alphabet, the company announced on Tuesday.

Pichai, 47, the current CEO of Google and a longtime executive at the company, will take over as CEO of Alphabet in addition to his current role.

“I’m excited about Alphabet’s long term focus on tackling big challenges through technology. Thanks to Larry & Sergey, we have a timeless mission, enduring values and a culture of collaboration & exploration — a strong foundation we’ll continue to build on,” Pichai tweeted after the announcement of his elevation.