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Brin and Page decide to quit Alphabet


Google co-founders Sergey Brin and Larry Page in a joint statement said that Sundar Pichai will head the Alphabet holding, which includes Google.

The corresponding press release is published on the Alphabet website.

It is noted that Paige will leave the post of CEO of Alphabet, and Brin will leave the post of president of this holding. At the same time, they will remain the current co-founders, shareholders and board members of Alphabet.

“Alphabet and Google no longer need two CEOs and a president. In the future, Sundar (Pichai) will be the CEO of both Google and Alphabet, ”the report said.

In June, The Wall Street Journal wrote about the preparations for the U.S. Department of Justice to launch an investigation into Alphabet on suspected antitrust violations.

Source: russiart

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