Google co-founders Larry Page and Sergey Brin step down as executives of parent company Alphabet, will remain on board.
FILE - In this Sept. 2, 2008, file photo Google co-founders Sergey Brin, left, and Larry Page talk about the new Google Browser, "Chrome," during a news conference at Google Inc. headquarters in Mountain View, Calif. Page and Brin are stepping down from their roles within the parent company, Alphabet. Page, who had been serving as CEO of Alphabet, and Brin, who had been president of Alphabet, will remain on the board of the company.
Page was Alphabet’s CEO, while Brin was its president. The president’s role at Alphabet is not being filled. Both founders promised they plan to stay actively involved as board members and shareholders, and lauded Pichai for his leadership of the company. Alphabet has been positioning Pichai as the de facto leader for quite some time — making him the top executive voice at shareholders meetings, on earnings call and as a spokesman at congressional hearings.
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