Wednesday, 04 December 2019 10:13

Larry Page and Sergey Brin to step away from Alphabet management roles Featured

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Larry Page and Sergey Brin to step away from Alphabet management roles Source: Alphabet Inc

Google co-founders Larry Page and Sergey Brin have decided to step down from their roles in the company's parent body, Alphabet, but will remain as members of Alphabet's board of directors and will retain controlling voting shares in the company.

In a surprise blog post overnight (Australian time) the two co-founders announced that they would step away from day-to-day management of Alphabet, which includes Google and many other projects.

Google chief executive Sundar Pichai will retain his current role and will also become chief executive of Alphabet.

In their blog post, Page and Brin wrote, "With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it's the natural time to simplify our management structure. "We've never been ones to hold on to management roles when we think there's a better way to run the company. And Alphabet and Google no longer need two CEOs and a president."

In commenting on the change, Pichai wrote, I want to be clear that this transition won't affect the Alphabet structure or the work we do day to day. 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. At the same time, I'm excited about Alphabet and its long-term focus on tackling big challenges through technology.

"The 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. It's a strong foundation on which we will continue to build. Can't wait to see where we go next and look forward to continuing the journey with all of you."

In a letter to investors, John Hennessy, chairman of Alphabet's board, said: "It's impossible to overstate Larry and Sergey's contributions over the past 21 years. I'm grateful that they will continue their involvement on the board."

Shares in Alphabet closed the day marginally higher after an initial drop as the news was announced.

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David Heath

David Heath has had a long and varied career in the IT industry having worked as a Pre-sales Network Engineer (remember Novell NetWare?), General Manager of IT&T for the TV Shopping Network, as a Technical manager in the Biometrics industry, and as a Technical Trainer and Instructional Designer in the industrial control sector. In all aspects, security has been a driving focus. Throughout his career, David has sought to inform and educate people and has done that through his writings and in more formal educational environments.

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