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Inc42 Shots | Sundar Pichai Gets Hefty Pay Raise As Alphabet CEO

Sundar Pichai has been named the new CEO of Alphabet Inc, Google’s parent company as cofounders Larry Page and Sergey Brin stepped aside from day-to-day operations of the company.

As per an Alphabet press release, the founders will be transitioning from their respective roles as CEO and President, while Pichai, will be replacing Page as the CEO of Alphabet. However, Page and Brin will continue as cofounders and members of Alphabet’s board.

Pichai, who is also a board member, will lead Alphabet alongside his role as CEO of Google and managing Alphabet’s investment in its portfolio including Chronicle, GV, CapitalG, Verily, Loon, X, Waymo and Google Fiber.

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