Alphabet Gets a New CEO: Co-Founder Page Is Out, Pichai Is In
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) announced on Tuesday that effective immediately, Sundar Pichai, CEO of the technology behemoth's Google unit, will replace co-founder Larry Page as Alphabet's CEO.
Alphabet headquarters. Image source: Alphabet.
Why the leadership change? Here's what Page and his co-founder Sergey Brin had to say in their letter that shared the news:
Source Fool.com
