Indian born, Google CEO is promoted as the CEO of Alphabet after the co-founders Larry Page and Sergey Brin stepped down.
However, they will be members of the board.
“Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet. He will be the executive responsible and accountable for leading Google, and managing Alphabet’s investment in our portfolio of Other Bets,” said Page and Brin.
Pichai, 47, the current CEO of Google and a longtime executive at the company, will take over as CEO of Alphabet in addition to his current role.
“I will continue to be very focused on Google and the deep work we’re doing to push the boundaries of computing and build a more helpful Google for everyone,” Pichai wrote in his official mail.
“At the same time, I’m excited about Alphabet and its long term focus on tackling big challenges through technology,” he added.