Sundar Pichai becomes CEO of Google as Sergey Brin and Larry Page form a new company

Google’s senior vice president Sundar Pichai is becoming CEO of the search giant as the company restructures. Current CEO Larry Page announced the following in a statement:

The change comes as Google reveals a new operating strategy and the creation of an umbrella company called Alphabet. Larry Page says he will serve as CEO of the new company, with Sergey Brin taking on the role of president.