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Google founders Larry Page and Sergey Brin step down

Christian Fernsby |
Mountain View, Ca., USA - Alphabet, the parent company of Google, announced Larry Page and Sergey Brin, the CEO and president, respectively, of Alphabet, have decided to leave these roles.

They will continue their involvement as co-founders, shareholders and members of Alphabet’s Board of Directors.

After stepping aside as Google CEO in August 2001, Larry Page re-assumed the role in April 2011.

Mr. Page announced his intention to step aside a second time in July 2015, to become CEO of Alphabet.

Sergey Brin, together with Larry Page, co-founded Google.

Sundar Pichai, the CEO of Google, becomes the CEO of Google and Alphabet.

Mr. Pichai will remain the CEO of Google, and assumes the role of managing Alphabet’s investment in its portfolio of Other Bets.