"Sundar has been doing a great job as Google's CEO, driving strong growth, partnerships, and tremendous product innovation. I really enjoy working with him and I am excited that he is joining the Alphabet board," Larry Page, CEO of California-based US multinational conglomerate Alphabet, said in a statement on Monday.
Google Chief Executive Officer Indian-American Sundar Pichai, 47, will be assuming the role of Alphabet CEO, making him one of the most powerful corporate leaders of the world.