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Sundar Pichai to Be CEO of Google as Brin and Page Reorganize

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Aug 10, 2015, 4:03 PM   by Eric M. Zeman   @phonescooper

Google today announced sweeping changes to the structure of the company that sees Google Inc. becoming part of a larger company called Alphabet. Moving forward, the large business entity known as Google will be renamed Alphabet. Google will operate as a smaller part of Alphabet with Sundar Pichai — long the head of Google's Android and Chrome businesses — taking charge as CEO of Google. Larry Page will become CEO of Alphabet, an entity that both he and Google co-founder Sergey Brin will manage. "What is Alphabet? Alphabet is mostly a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main internet products contained in Alphabet instead," explained Page. "What do we mean by far afield? Good examples are our health efforts: Life Sciences and Calico." YouTube is another business that will operate as a separate unit under the over-arching Alphabet brand, as are the X Labs and Google Ventures and Capital. Page said Alphabet Inc. will replace Google Inc. as the publicly traded company in the stock market. Page and Brin believe giving each business unit some independence and its own identity will add focus and lead to better long-term prospects for each. The changes are effective immediately.

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