Restructuring in Google, two founder’s resigned from the job, Indian Origin’s Sunder new CEO. World’s largest Internet Company Google Company has been restructured amazingly.
According to which, startup two executive directors Lyari Page and Sergey Brim left a job in Google, after that Indian Origin’s Sunder Pichai was appointed as new CEO.
Google’s senior vice-president Sunder Pichai will lead Google. Pichai who was born in Chennai and for higher studies he went to America with age 43 was posted in right positions in Google.
Those two founders have moved on another mother company. In term of rebranding Company, Google Alphabet named company is established.
Now, Google’s founder Lyari Page will be executive director of mother company Alphabet. Google’s other founder Sergey Brim will be president of Alphabet Company, and current president of Google is Erik Samizdat.
Google’s new primary financial Authorization Roth Porat will remain in the same position in both companies.
Through this, now Google will subaltern some of its new production and service to the mother company. However, Google search, apps, Android and YouTube will be in subaltern of Google Company.
Investment and Research Center, Smart home Unit Nest, drone project will be led by Alphabet Company. Google’s founder Lyari Page has said that different sector’s business company Google will be configured generally.
In Google’s blog post, Page said, “this new configuration will allow us to discount for an extraordinary opportunity in centered work.”
Google Company is still working very nicely, and it can be made more clean and responsible, thinking this they have brought such changes, said Page. Alphabet Company will be independent and own brand will be produced by themselves, and they have those rights, said Page.
New restructuring has made clear to all investors about how much they are investing in Google’s new products. Investors have said that Google is making expenses more on other kinds of unwanted projects than their own business and investors have been more conscious about that since last time. But, from now onwards this type of unwanted expenses will be stopped said analyst Colin Gills.
Why has a new company been named as Alphabet? It has got two reasons. According to founder Lyari Page, this name will represent about language. In Google, search language will be symbolized. And second the reason behind calling it Alpha-Bet means without any exact Criterion, achievements are high according to investments, for which Google will always keep on trying.