Sundar Pichai Appointed as CEO of Google in Surprise Move
Prime Minister Narendra Modi joined other tech industry leaders in congratulating India-born Sundar Pichai on his appointment as CEO of Google. Pichai, 43, was previously the head of Google products and the Android mobile operating system. Eric Schmidt, executive chairman of Google, announced Pichai's promotion on the company's blog, praising his talents and leadership abilities. As part of the move, Alphabet Inc. will replace Google Inc. as the publicly traded entity, with Google becoming a wholly-owned subsidiary.
Key Takeaways:
- Sundar Pichai, an India-born executive, has been appointed as the CEO of Google, succeeding Larry Page.
- Pichai, 43, was previously the head of Google products and the Android mobile operating system.
- Eric Schmidt, executive chairman of Google, announced Pichai's promotion on the company's blog, praising his leadership abilities.
- Alphabet Inc. will replace Google Inc. as the publicly traded entity, with Google becoming a wholly-owned subsidiary.
- Sundar Pichai is the first non-white CEO of Google, a company with a workforce that is more than 60% ethnic whites and 30% Asians.
- Pichai joins a growing list of Indian executives in top positions at global tech companies, including Microsoft, which has an Indian-born CEO, Satya Nadella.
Statistics:
- 43 - the age of Sundar Pichai at the time of his appointment as CEO of Google.
- 60% - the percentage of Google's workforce that is ethnic white.
- 30% - the percentage of Google's workforce that is Asian.
- 2014 - the year Sundar Pichai joined Google.
- 2 - the number of classes of shares that will continue to trade on Nasdaq as part of Alphabet's structure.
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