Larry Page steps down as Alphabet CEO; Sundar Pichai to lead both Alphabet and Google
Silicon Valley is still politely shrugging … Tom Metcalf / Bloomberg : Alphabet's New Boss Leaves Silicon Valley Giants Low on Founders PYMNTS.com : Top News In Payments: CFPB Seeks Remittance Exemptions For Small Banks; Regulators Support … The Information : Who Wins and Loses at Alphabet From Page Departure John Gruber / Daring Fireball : ‘A Letter From Larry and Sergey’ Seth Fiegerman / CNN : Google's co-founders may be stepping down, but don't expect much to change Yahoo Finance : Expedia shakes up C-suite, Barry Diller says management and board ‘disagreed on strategy’ Jack Purcher / Patently Apple : The New Bossman: Sundar Pichai is now CEO of Both Google and Alphabet as the Company Founders step down Steve Kovach / NBC News : Google's Sundar Pichai just got the worst job in Silicon Valley Oliver Haslam / Redmond Pie : Sundar Pichai Is Now The CEO Of Google's Parent Company Alphabet After Founders Relinquish Control Jennifer Allen / bit-tech.net : Google founders step down from roles at Alphabet Jillian D'Onfro / Forbes : What Really Changes Now That Larry Page Is No Longer CEO Of Alphabet? South China Morning Post : Google both pursued and abandoned China under Larry Page and Sergey Brin Tolu Ajiboye / Coinspeaker : Google Co-Founders Abandon Efforts to Imitate Warren Buffet's Management Style Stephanie Mlot / Geek.com : Google Chief Sundar Pichai's New Side Hustle: Alphabet CEO Shanthi S / Inc42 Media : Sundar Pichai Rises To Alphabet CEO: From True Blue Tamil Boy To Google Founders' Favourite Janem / cloudpro.co.uk : Google founders Larry Page and Sergey Brin step down from Alphabet management Cohen Coberly / TechSpot : Google founders Sergey Brin and Larry Page step down from their Alphabet leadership roles Noah Manskar / New York Post : Salesforce CEO floats 2020 White House bid for Google co-founders Larry Page, Sergey Brin Scott Rosenberg / Axios : At Google, twilight of the founders Chris Merriman / Inquirer : Google founders Page and Brin step back from Alphabet lead Abdullah / Gizchina : Google co-founders Larry Page and Sergey Brin give control of Alphabet to Sundar Pichai Nikkei Asian Review : Alphabet's India-born CEO will have to keep the ‘Googliness’ going Soumyarendra Barik / MediaNama : Sundar Pichai takes over as Alphabet CEO Alphabet : Alphabet management change Nick Statt / The Verge : Sundar Pichai takes control of the Google empire Pranob Mehrotra / XDA Developers : Larry Page and Sergey Brin make Sundar Pichai the new CEO of both Alphabet and Google Kyle Funk / Techaeris : Sundar Pichai promoted to CEO of Alphabet Roger Montti / Search Engine Journal : Google Co-Founders Larry Page and Sergey Brin Resign Anmol / MSPoweruser : Sundar Pichai replaces Google's co-founder Larry Page as the CEO of Alphabet Jack Gramenz / news.com.au : Massive change for Google co-founders Tweets: Elizabeth Warren / @ewarren : Congrats on the move, Larry Page! Quick reminder: We do still expect you to testify before Congress. And changing your title while staying on the board and retaining effective control of it will not exempt you from accountability. https://www.bloomberg.com/... Sundar Pichai / @sundarpichai : I'm excited about Alphabet's long term focus on tackling big challenges through technology. Thanks to Larry & Sergey, we have a timeless mission, enduring values and a culture of collaboration & exploration - a strong foundation we'll continue to build on https://blog.google/... Marc Benioff / @benioff : Congrats @sundarpichai! Exciting to see the new era begin. Well deserved promotion! & How about Page/Brin 2020? Kabamur / @kabamur_taygeta : At one of Larry Page's last public speaking engagements... “Page detailed his vision for a so-called Google Island, where technological progress could march on unabated by silly concerns like regulatory requirements and ethics.” https://www.theverge.com/... @googlewalkout : Looks like Sergey and Larry were trying to organize at Alphabet... #thanksgivingsix? https://rsci.app.link/... https://twitter.com/... @laurenceb : I'm glad to see Sundar and Google committing to these values. “[C]ulture of collaboration & exploration” is exactly what we were doing looking at documents and calendars that were shared with all employees at the company. https://twitter.com/... Eric Schmidt / @ericschmidt : Congratulations to Sundar - he has everything Google and Alphabet need. Thank you to Larry and Sergey for everything - your insight and brilliance, your intensity and your friendship. https://twitter.com/... Luther Lowe / @lutherlowe : Nothing in the Page/Brin announcement says anything about a divestiture or relinquishing of the voting control. The fact remains: Larry Page and Sergey Brin are the most powerful and least accountable humans on the planet. @manukumarjain : From learning alphabets in Jawahar Vidyalaya to leading “#Alphabet”, one of the most valued tech companies. 😇 Congratulations @sundarpichai. You are an inspiration to all. Wishing u all the best! Special mention to #LarryPage & #SergeyBrin for this gracious decision.🙏 #Google https://twitter.com/... Jason Kint / @jason_kint : one curiosity from me. Due to an odd SEC loophole, Google doesn't have to disclose YouTube financials since Alphabet CEO (supposedly) doesn't track them. Does this mean Sundar will stop following YouTube's financials now? Or will they disclose more? https://digitalcontentnext.org/ ... https://twitter.com/... https://twitter.com/... Jason Gay / @jasongay : I've never heard anyone ever call it alphabet. It's like googles weird first name that no one uses except at the doctor's office. https://twitter.com/... @alliekmiller : In 1999, Larry and Sergey tried to sell Google for $1MM and were rejected. They dropped the price to $750K...still nothing. Today, they're worth a combined $100B. Congrats to two of the biggest innovators of our time! https://twitter.com/... Brenden Mulligan / @mulligan : Google starts to atrophy without an internal reorg every few minutes. This should feed the beast, causing a million reorgs across the organization as people shift to assume more of Sundar's Google CEO responsibilities. https://twitter.com/... Jon Erlichman / @jonerlichman : 1998: Larry Page and Sergey Brin launch Google in a Menlo Park garage. 1999: They try to sell Google for $750,000 but are turned down. 2019: They step down from their roles at Google's parent company Alphabet. Their combined stake in the company is worth $123.3 billion. pic.twitter.com/4aehSq59ml @dhh : With Page and Brin out at Google, are there anyone left at the company from the time “Don't Be Evil” was adopted as a core value? https://www.cnn.com/... @slpng_giants : Cannot believe that Larry Page and Sergey Brin left @google before Google stopped serving ads to Breitbart. https://twitter.com/... Luther Lowe / @lutherlowe : The business press will frame this as two titans of industry riding off into the sunset. But this is a political story. It is about two guys who founded a legally shady monopoly (& have never publicly answered for it) sprinting toward escape hatches as law enforcement closes in. Owen Williams / @ow : Sundar Pichai is the CEO of Alphabet *and* Google now which basically makes the whole “they aren't the same company” thing pointless https://www.blog.google/... Teddy Schleifer / @teddyschleifer : Notable to me that in their farewell letter, Larry and Sergey say zero about what they're going to do with their time/money beyond “talking with Sundar regularly.” These are two of the wealthiest people in the country. They are very private people, but scrutiny will find them. Tom Warren / @tomwarren : it really is farewell to “don't be evil” at Google https://twitter.com/... Kara Swisher / @karaswisher : 2. Larry and Sergey have essentially gone AWOL anyway as their myriad of other interests have diverged from running the business that allowed them to have a myriad of interests. Kara Swisher / @karaswisher : Actually not as big a deal as it seems. 1. @sundarpichai has had purview over the big dogs of the company @Google and @YouTube for a while 2. Larry and Sergey have been AWOL for a while 3. The pair still control it all via dual class stock. So same same, though congrats to Sundar https://twitter.com/... John Battelle / @johnbattelle : Hot take: Larry never liked the hot seat of tech founder land - and it's only getting hotter. (Zuck seems to willfully ignore it). Sundar doesn't have founder's control, essentially shielding Larry. But.. would Larry and Sergey ever give up voting control? Methinks not. Mike / @nongaap : Anyone know if Larry is moving to Africa? https://twitter.com/... David Ruddock / @rdrv3 : That all said, I'm unsure Sundar is the executive Google needs to continue to grow for the next 20 years. He's always felt like a bit of a Tim Cook: steady, even-keeled, and unflappable. The perfect-on-paper CEO. but one that basically never expresses a compelling vision. Edmund Lee / @edmundlee : reminder: Larry and Sergey still control the company. Sundar's move into top spot will be tested if/when he decides to pull back spending on moonshot projects Jason Del Rey / @delrey : “Your mess now, Sundar” Dieter Bohn / @backlon : This letter doesn't do a better job of explaining why Alphabet needs to exist as a separate company Stephen Shankland / @stshank : Larry Page and Sergey Brin are now just Google co-founders, board members, and advisors. @sundarpichai is CEO of Alphabet, not just Google. https://blog.google/... Shira Ovide / @shiraovide : Welp. I wrote in July that Larry Page was not doing the job of a public company CEO, and why did he have that job. https://www.bloomberg.com/... And now, he does not. Mike Murphy / @mcwm : @sundarpichai the Google founders stepping aside seems to be being revived positively https://twitter.com/...