Google co-founders Page and Brin step down from parent company as Pichai takes over
by Kari Paul in San Francisco and agencies from Technology | The Guardian on (#4W1PD)
Current Google CEO will also manage Alphabet under one role in bid to 'simplify management structure'
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Google's co-founders, Larry Page and Sergey Brin, are stepping down from their positions at the parent company Alphabet, leaving Google's CEO, Sundar Pichai, to manage both Alphabet and Google under one role.
Google's parent company, Alphabet, was created through corporate restructuring in October 2015 to manage ventures outside its main search businesses, known in the company as "other bets". Page was Alphabet's CEO, while Brin was its president.
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