Google chief Sundar Pichai named CEO of parent company Alphabet

California Tech giant Google on Tuesday appointed Indianorigin Sundar Pichai as the Chief Executive Officer CEO of Alphabet replacing Sergey Brin as the head of the parent firmAlphabet was established in 2015 as a collection of companies that separates Google from Other Bets which are not part of its core businesses like Waymo selfdriving cars Verily life sciences Calico biotech RampD Sidewalk Labs urban innovation and Loon rural internet access via balloon according to TechCrunchGoogle cofounders Larry Page and Brin the CEO and president of Alphabet will continue their involvement as cofounders shareholders and members of Alphabets Board of DirectorsOn the other hand Pichai has become the CEO of both Google and Alphabet He will assume the role of managing Alphabets investment in its portfolio of Other Bets Pichai will remain a member of Alphabets Board of DirectorsWith Alphabet now wellestablished and Google and the Other Bets operating effectively as independent companies its the natural time to simplify our management structure We have never been ones to hold on to management roles when we think theres a better way to run the company Alphabet and Google no longer need two CEOs and a President Going forward Sundar will be the CEO of both Google and Alphabet Page and Brin said in a statementHe Pichai will be the executive responsible and accountable for leading Google and managing Alphabets 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 cofounders In addition we plan to continue talking with Sundar regularly especially on topics we are passionate about they addedThe Google founders said that Pichai brings humility and a deep passion for technology to the users partners and the companys employees every dayHe worked closely with us for 15 years through the formation of Alphabet as CEO of Google and a member of the Alphabet Board of Directors He shares our confidence in the value of the Alphabet structure and the ability it provides us to tackle big challenges through technology There is no one that we have relied on more since Alphabet was founded and no better person to lead Google and Alphabet into the future Page and Brin further saidOn his part Pichai said that his appointment will not affect the structure of Alphabet and the firms day to day operationsI will continue to be very focused on Google and the deep work we are doing to push the boundaries of computing and build a more helpful Google for everyone At the same time I am excited about Alphabet and its long term focus on tackling big challenges through technology he saidThe founders have given all of us an incredible chance to have an impact on the world Thanks to them we have a timeless mission enduring values and a culture of collaboration and exploration that makes it exciting to come to work every day Its a strong foundation on which we will continue to build Pichai addedBorn on June 10 1972 in Tamil Nadus Madurai Pichai did his schooling in Chennai and earned his degree from Indian Institute of Technology Kharagpur in metallurgical engineeringThe 47yearold holds an MS from Stanford University in material sciences and engineering and an MBA from the Wharton School of the University of PennsylvaniaIn 2015 Pichai was appointed as Google CEO replacing Page who led the newlyformed Alphabet that came into existence in that yearCatch up on all the latest Crime National International and Hatke news here Also download the new midday Android and iOS apps to get the latest updates