Google parent Alphabet gets rid of dual-CEO strategy, Sundar becomes CEO of everything

Four years ago, Google reorganized its corporate structure to better reflect its business. Google became an entity of a new umbrella corporation called Alphabet. The search engine is the biggest part of Alphabet, with everything else being largely bets or so-called moonshots.

Now Alphabet is seeing some major leadership changes. In a letter on the Google Blog, co-founders Larry Page and Sergey Brin explain that there's no longer a need for a dual-CEO structure. Larry Page will step down as Alphabet CEO and this role will now be filled by Sundar Pichai, the current CEO of Google. Furthermore, Sergey Brin will resign from his post as president of Alphabet.

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!