Google Founders Leave Leadership Positions at Alphabet

When Google Was Established

Google founders Larry Page and Sergey Brin will step down from their leadership roles at Alphabet, Google’s parent company, the organization said in a statement . It does not specify why Brin and Page made this decision, but emphasizes that they will continue to be involved in the company’s work as co-founders, major shareholders and members of the board of directors of Alphabet. They will also own more than 50% of the company’s shares.

Page served as CEO of Alphabet, Brin served as president of the company. After their departure, the position of president will be abolished, and the head of Google, Sundar Pichai, will become the new CEO. He will combine positions and remain on the Board of Directors.

“If the company were a person, then this year it would be 21 years old and it would be time to leave the nest. While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company, we believe the time has come to take on the role of proud parents: to offer our advice and love, but not everyday grumbling,” Page and Brin said in their letter.

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Why Google Founders leave leadership positions?

They promised that they would be in “regular communication” with Pichai. “We are very embarrassed that a small research project has grown into a source of knowledge and empowerment for billions — a bet that we two Stanford students made,” the founders of Google added.

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The departure of Page and Brin lowers the curtain on one of the most successful dual company runs in history, according to the Financial Times. “The founders’ decision is the end of an era for Google,” agrees The New York Times. Page and Brin personified the company and became one of the most influential figures in the technology sector: on a par with Apple co-founder Steve Jobs and Microsoft co-founder Bill Gates, the newspaper writes.

Page and Brin have not shown themselves much in the public field in recent years: Page even missed the annual meeting of shareholders of Alphabet in June, which drew criticism in his address, notes American Forbes.

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The company itself has faced a number of difficulties: this is both an antitrust investigation by US authorities and dissatisfaction with employees on a number of issues, including contracts with US government agencies or cases of harassment in the company, the magazine noted.

Conclusion

Page and Russian-born Brin founded Google in 1998. In 2015, Alphabet was created as a parent company that combined the search engine and other projects. Sundar Pichai has been with Google since 2004 and became CEO in August 2015 .