Google co-founders step down as executives of parent company Alphabet

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>The co-founders of Google are stepping down as executives of its parent company&comma; Alphabet&period;<&sol;p>&NewLine;<p>The move ends a remarkable two decades during which Larry Page and Sergey Brin shaped a start-up born in a Silicon Valley garage into one of the world’s largest&comma; most powerful — and&comma; increasingly&comma; most feared — firms in the world&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Sundar Pichai&comma; who has been leading Google as CEO for more than four years&comma; will stay in his role and also become CEO of Alphabet&period;<&sol;p>&NewLine;<p>Mr Page was Alphabet’s CEO&comma; while Mr Brin was its president&period; The president’s role at Alphabet is not being filled&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;145586" aria-describedby&equals;"caption-attachment-145586" style&equals;"width&colon; 600px" class&equals;"wp-caption aligncenter"><img class&equals;"size-full wp-image-145586" src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2019&sol;12&sol;F9542FA6-5DD3-4D73-8973-C7D15E30ACBD&period;jpeg" alt&equals;"" width&equals;"600" height&equals;"386" &sol;><figcaption id&equals;"caption-attachment-145586" class&equals;"wp-caption-text">Google CEO Sundar Pichai<&sol;figcaption><&sol;figure>&NewLine;<p>Both founders promised they plan to stay actively involved as board members and shareholders and lauded Mr Pichai for his leadership of Google&period;<&sol;p>&NewLine;<p>Mr Page and Mr Brin&comma; in announcing the news on Tuesday&comma; said the company has &OpenCurlyDoubleQuote;evolved and matured” in the two decades since its founding&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Today&comma; in 2019&comma; if the company was a person&comma; it would be a young adult of 21 and it would be time to leave the roost&comma;” they said&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>Alphabet — an umbrella corporation that the two created in 2015 — still boasts Google as its central fixture and key moneymaker&period;<&sol;p>&NewLine;<p>But it is also made up of what are known as &OpenCurlyDoubleQuote;other bets”&comma; or longshot projects&period;<&sol;p>&NewLine;<p>That includes drone company Wing and self-driving car firm Waymo&period;<&sol;p>&NewLine;<p>Mr Page and Mr Brin both have been noticeably absent from Google events in the past year&period;<&sol;p>&NewLine;<p>Both stopped making appearances at the weekly question-and-answer sessions with employees&comma; and Mr Page did not attend this summer’s Alphabet shareholders meeting even though he was still in the CEO role&period;<&sol;p>&NewLine;<p>Alphabet has been positioning Mr Pichai as the de facto leader for quite some time — making him the top executive voice at shareholders meetings&comma; on earnings call and as a spokesman at congressional hearings&period;<&sol;p>&NewLine;<p>Mr Pichai&comma; 47&comma; has worked at the company for 15 years&comma; serving as a leader in projects to build the company’s Chrome browser and overseeing Android operating system&period;<&sol;p>&NewLine;<p>Mr Pichai&comma; who has an engineering background&comma; took over as the head of Google’s products before being promoted to CEO when Alphabet was created&period;<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68eca45553ad8">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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