Google, Alphabet co-founders Larry Page and Sergey Brin, the CEO and President, respectively, of Alphabet, have left their roles, effective immediately.

In a statement, Larry Page and Sergey Brin said, “With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it’s the natural time to simplify our management structure.”

Sundar will be the CEO of both Google and Alphabet and will be the executive responsible and accountable for leading Google, and managing Alphabet’s investment in Other Bets. The two co-founders will remain actively involved as Board members, shareholders and co-founders and plan to continue talking with Sundar regularly.

“There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future.,” the said of Sundar Pichai.

Sundar is the CEO of Google and Alphabet and serves on Alphabet’s Board of Directors.

He joined Google in 2004 and helped lead the development of Google Toolbar and then Google Chrome, which grew to become the world’s most popular internet browser. In 2014 he was appointed to lead product and engineering for all of Google’s products and platforms – including popular products such as Search, Maps, Play, Android, Chrome, Gmail and Google Apps (now G Suite). Sundar became Google’s CEO in August 2015. He joined the Board of Directors of Alphabet, Google’s parent company, in July 2017.

Under his leadership as CEO, Google has been focused on developing products and services, powered by the latest advances in AI, that offer help in moments big and small. It has invested in new opportunities such as Google Cloud and YouTube and has continued to be a leader in advanced technologies, including machine learning and quantum computing.

Today, December 2019, in addition to his role as CEO of Google, Sundar became the CEO of Google’s parent company, Alphabet.

Sundar grew up in Chennai, India and studied engineering at the Indian Institute of Technology where he was awarded an Institute Silver Medal. He holds a master’s degree from Stanford University and an MBA from the Wharton School, where he was named a Siebel Scholar and a Palmer Scholar.

In a statement, Pichai said: “I’m excited about Alphabet and its long term focus on tackling big challenges through technology. I’m looking forward to continuing to work with Larry and Sergey in our new roles. Thanks to them, we have a timeless mission, enduring values, and a culture of collaboration and exploration. It’s a strong foundation on which we will continue to build.”