Google President and CEO resigns

CEO Larry Page and Chairman Serge Brin of Alphabet - the parent company Google - resigned on December 3.

The position of CEO Alphabet will be led by Google head, Sundar Pichai. The announcement of leadership change has been written in Page and Brin by a joint letter and posted on the company blog.

"Alphabet and Google are doing well as independent companies. However, that's not really good, and this is a good time for us to simplify the structure. We think that Alphabet and Google are no longer require two more CEOs and presidents, "Page and Brin write.

According to the letter, both Page and Brin are still Alphabet employees and hold seats on the board. However, they no longer play a major role as before. Instead, both will be solely responsible for some of Google's content and manage Alphabet's investments in other venture capital portfolios.

In an email to employees later, Pichai emphasized that this change will not affect the way Google and Alphabet operate daily. "I'm excited about my new role at Alphabet, which will focus on solving long-term challenges through technology. I also look forward to continuing to work with Page and Brin in the new role." , Pichai wrote.

Larry Page and Sergey Brin founded Google in 1998 in Menlo Park, California (USA), when both were graduate students at Stanford University. From a software company, initially focusing solely on search, Google has expanded into more areas including hardware after 21 years of operation.

According to The Verge, the resignation of two Google co-founders surprised many but was not surprised. In fact, both have rarely appeared in public since 2015, when the company restructured and changed its name to Alphabet.

Bao Lam (according to The Verge)