Google co-founders to retire together December 4th 9:50
The holding company of Google, a major IT company in the United States, announced that two of its co-founders will retire and Google's Sundar Pichai will also be the top holding company. There seems to be an aim to establish a system to make important management decisions more quickly.
The "alphabet" of the holding company under the umbrella of Google is the top that co-founder Larry Page CEO and President Sergei Brin retired, and Google's Sundar Pichai CEO will also be the CEO of the alphabet Announced personnel.
The two co-founders will leave the line, but will continue to serve as the “alphabet” director and continue to advise Pichai.
Page and Bryn founded Google in 1998 and rapidly expanded their business with Internet search services. Since then, Google has become the leading IT company in the United States by developing the basic software “Android” used in smartphones and operating the video sharing site “YouTube”.
Mr. Page and Mr. Brin explained in the statement announced jointly that "The time has come to simplify the management system. The aim is to establish a system for making important management decisions more quickly.
Pichai, the new top, is from India and has been a CEO of Google for four years after studying at local and American universities.