Google CEO Sundar Pichai is adding another responsibility to his job: Pichai will also be the CEO of parent holding company Alphabet going forward, taking the helm from co-founder and longtime CEO Larry Page.
Additionally, co-founder Sergey Brin will be resigning from his post as the president of Alphabet. Brin and Page jointly announced the leadership change in a blog post Tuesday afternoon, writing:
“Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet. He will be the executive responsible and accountable for leading Google, and managing Alphabet’s investment in our portfolio of Other Bets.”
“We are deeply committed to Google and Alphabet for the long term, and will remain actively involved as Board members, shareholders and co-founders. In addition, we plan to continue talking with Sundar regularly, especially on topics we’re passionate about,” the duo wrote.
Pichai has been with Google since 2004, and oversaw several of the company’s key products before becoming CEO of Google in 2015 when the search giant reorganized its corporate structure.