Summary

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CNN Collection
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FILE-GOOGLE'S LARRY PAGE STEPPING DOWN AS ALPHABET CEO
12-03-2019
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File

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TWO GOOGLE CO-FOUNDERS ARE STEPPING DOWN FROM THEIR LEADERSHIP ROLES IN THE INTERNET GIANT'S PARENT COMPANY.
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LARRY PAGE AND SERGEY BRIN SAY THEY'RE QUITTING AS C-E-O AND PRESIDENT OF ALPHABET.
BUT THEY'LL STAY ON THE BOARD OF DIRECTORS AND MAINTAIN VOTING CONTROL OVER THE BUSINESS.
GOOGLE'S CURRENT C-E-O SUNDAR PICHAI (SUHN-DARH PEE-CHAI) - WILL TAKE OVER AS THE C-E-O OF ALPHABET AS WELL.
IN THEIR ANNOUNCEMENT, PAGE AND BRIN SAID THEY DON'T WANT TO HOLD ON TO THEIR MANAGERIAL ROLES IF THERE'S A BETTER WAY TO RUN THE COMPANY.
AND THEY SAID GOOGLE AND ALPHABET DON'T NEED TWO SEPARATE C-E-O'S AND A PRESIDENT ANY MORE.
THE MOVE COMES AS GOOGLE FACES MOUNTING SCRUTINY OVER ITS BUSINESS AND LABOR PRACTICES.
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GOOGLE PAGE BRIN CEO PRESIDENT ALPHABET INTERNET PICHAI


Editorial
Rights Managed
00:00:40
29.97 fps
High Definition
Google co-founders quit leadership roles in parent company Alphabet
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