New CEO of Google - Sundar Pichai | Fusion - WeRIndia

The new CEO of Google was announced on August 11, 2015. The new CEO is India-born Sundar Pichai. He was named the CEO of the giant by the company’s founders Larry Page and Sergei Brin. 43-year old Pichai is a native of Chennai. He went to IIT Kharagpur, and then to Stanford and Wharton. He is now in charge of a Google which was stripped of companies which are far afield from the main Internet products. The other businesses will all go into Alphabet. The CEO of Alphabet will be Larry Page.

Alphabet will consist of everything besides Google. It has units such as Calico (which focuses on Longevity), X lab (which incubates new efforts like Wing, Google’s drone delivery effort) and units dealing with life sciences (such as the one working on smart contact lens that detects blood sugar level). Google’s investment arms, Ventures and Capital, will also be part of Alphabet.

Page stated that Sundar’s dedication and talent he showed for the company really was top notch. He added that the board was clear on making him the next CEO. With Alphabet, Google is still its biggest component. Alphabet Inc. will replace Google Inc. as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet.

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