Larry Page, Sergey Brin No Longer Run Alphabet December 4, 2019 Larry Page and Sergey Brin, the CEO and President, respectively, of Alphabet, have decided to leave these roles. They will continue their involvement as co-founders, shareholders and members of Alphabet’s Board of Directors.
The change is effective immediately.
A letter
from Larry and Sergey Our very first
founders’ letter
in our 2004 S-1 began:
“Google is not a conventional company. We
do not intend to become one. Throughout Google’s evolution as a
privately held company, we have managed Google differently. We have
also emphasized an atmosphere of creativity and challenge, which has
helped us provide unbiased, accurate and free access to information
for those who rely on us around the world.” We believe those
central tenets are still true today. The company is not conventional
and continues to make ambitious bets on new technology, especially
with our Alphabet structure. Creativity and challenge remain as
ever-present as before, if not more so, and are increasingly applied
to a variety of fields such as machine learning, energy efficiency
and transportation. Nonetheless, Google’s core service - providing
unbiased, accurate, and free access to information - remains at the
heart of the company. However, since we
wrote our first founders’ letter, the company has evolved and
matured. Within Google, there are all the popular consumer services
that followed search, such as Maps, Photos, and YouTube; a global
ecosystem of devices powered by our Android and Chrome platforms,
including our own Made by Google devices; Google Cloud, including
GCP and G-Suite; and of course a base of fundamental technologies
around machine learning, cloud computing, and software engineering.
It’s an honor that billions of people have chosen to make these
products central to their lives - this is a trust and responsibility
that Google will always work to live up to. And structurally, the
company evolved into Alphabet in 2015. As we said in the
Alphabet founding letter
in 2015:
“Alphabet is about businesses prospering
through strong leaders and independence.” Since we wrote that,
hundreds of Phoenix residents are now being driven around in Waymo
cars - many without drivers! Wing became the first drone company to
make commercial deliveries to consumers in the US. And Verily and
Calico are doing important work, through a number of great
partnerships with other healthcare companies. Some of our “Other
Bets” have their own boards with independent members, and outside
investors. Those are just a few
examples of technology companies that we have formed within
Alphabet, in addition to investment subsidiaries GV and Capital G,
which have supported hundreds more. Together with all of Google’s
services, this forms a colorful tapestry of bets in technology
across a range of industries — all with the goal of helping people
and tackling major challenges. Our
second founders’ letter
began:
“Google was born in 1998. If it were a
person, it would have started elementary school late last summer
(around August 19), and today it would have just about finished the
first grade.” Today, in 2019, if
the company was a person, it would be a young adult of 21 and it
would be time to leave the roost. While it has been a tremendous
privilege to be deeply involved in the day-to-day management of the
company for so long, we believe it’s time to assume the role of
proud parents - offering advice and love, but not daily nagging!
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. 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. We are deeply committed to Google and Alphabet for
the long term, and will remain actively involved as Board members,
shareholders and co-founders. In addition, we plan to continue
talking with Sundar regularly, especially on topics we’re passionate
about! Sundar brings
humility and a deep passion for technology to our users, partners
and our employees every day. He’s 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. We are deeply humbled
to have seen a small research project develop into a source of
knowledge and empowerment for billions - a bet we made as two
Stanford students that led to a multitude of other technology bets.
We could not have imagined, back in 1998 when we moved our servers
from a dorm room to a garage, the journey that would follow.
Larry Page and Sergey
Brin Sundar is the CEO of
Google and Alphabet and serves on Alphabet’s Board of Directors.
He joined Google in
2004 and helped lead the development of Google Toolbar and then
Google Chrome, which grew to become the world’s most popular
internet browser. In 2014 he was appointed to lead product and
engineering for all of Google’s products and platforms - including
popular products such as Search, Maps, Play, Android, Chrome, Gmail
and Google Apps (now G Suite). Sundar became Google’s CEO in August
2015. He joined the Board of Directors of Alphabet, Google's parent
company, in July 2017.
In December 2019, in
addition to his role as CEO of Google, Sundar became the CEO of
Google’s parent company, Alphabet. Sundar grew up
in Chennai, India and studied engineering at the Indian Institute of
Technology where he was awarded an Institute Silver Medal. He holds
a master's degree from Stanford University and an MBA from the
Wharton School, where he was named a Siebel Scholar and a Palmer
Scholar. |
Terms of Use | Copyright © 2002 - 2019 CONSTITUENTWORKS SM CORPORATION. All rights reserved. | Privacy Statement