Google cofounders Larry Page and Sergey Brin are stepping down from their day-to-day management roles, they announced on Tuesday. Sundar Pichai will take over as Alphabet CEO, while maintaining his current role as Google CEO. Despite the change, Page and Brin remain firmly in control of Alphabet, as their combined voting power gives them a majority stake in the company.
Google cofounders Larry Page and Sergey Brin are stepping down from their day-to-day management roles, they announced on Tuesday. Sundar Pichai will take over as Alphabet CEO, while maintaining his current role as Google CEO. Despite the change, Page and Brin remain firmly in control of Alphabet, as their combined voting power gives them a majority stake in the company.
Wonder how many billionaires had Stanford University produced?
So, nothing changed. Ok, got it.