Sundar Pichai does India proud, named google CEO

In a surprise and significant re-organisation, Page announced the formation of a new parent company Alphabet Inc which will replace Google as the publicly-traded entity and all shares of Google will automatically convert into the same number of shares of Alphabet, with all of the same rights.

Google will become a wholly-owned subsidiary of Alphabet, which will have Page as CEO and co-founder Sergey Brin as President.

Pichai, 43, who was previously <g data-gr-id="26">in-charge</g> of product and engineering for Google’s Internet businesses, will be the CEO of the “slightly slimmed down” Google.

He received a B.Tech. from the Indian Institute of Technology, Kharagpur and holds an M.S. in Engineering and Materials Science from Stanford University and an MBA from the Wharton School.

He had joined Google in 2004 as its vice-president of product management, where he led the team working on Google’s Chrome browser and operating system.

“This new structure will allow us to keep <g data-gr-id="33">tremendous</g> focus on the extraordinary opportunities we have inside of Google. A key part of this is Sundar Pichai,” Page said.

Waxing eloquent about Pichai, Page said, “Sundar has been saying the things I would have said (and sometimes better!) for quite some time now, and I’ve been tremendously enjoying <g data-gr-id="31"><g data-gr-id="32">our</g></g> 

work together.”

“He has really stepped up since October of last <g data-gr-id="30">year,</g> when he took on product and engineering responsibility for our Internet businesses. Sergey and I have been super excited about his progress and dedication to the company. And it is clear to us and our board that it is time for Sundar to be CEO of Google,” Page said.