"We've never been ones to hold on to management roles when we think there's a better way to run the company. Page, once the face of the company, has largely receded from public view. Now, the 47-year-old executive will have to navigate Alphabet through the coronavirus crisis and economic recession. I am really excited to be running Alphabet as CEO with help from my capable partner, Sergey, as president.” Google continues to be Alphabet’s cash cow, generating $89.5 billion in revenues in 2017, compared to $0.8 billion for Other Bets. Disclaimer. Last week, Google. In 2018, Page was, At the same time, Google is confronting growing tensions with its own employees. U.S. Alphabet Inc. is a holding company that gives ambitious projects the resources, freedom, and focus to make their ideas happen — and will be the parent company of Google, Nest, and other ventures. The vast majority of the package is stock awards, some of which will be paid out depending on Alphabet’s stock return relative to other companies in the S&P 100 index. Alphabet Inc. said in a regulatory filing that Chief Executive Officer Sundar Pichai was awarded $281 million in compensation last year, making him one of the world’s highest-paid executives. Harris Aide Calls Senator’s Remarks ‘Racist’: Campaign Update, Did Big Tech Get Too Big? Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Crackdown Seeks Answer: QuickTake, Google’s Fitbit Deal Headed for EU Approval Despite Protests, Google Taps Veterans From Major Antitrust Cases for DOJ Fight, Twitter, Google Back Nigerians Protesting Police Brutality, YouTube Follows Facebook in Banning QAnon, But With Caveats, YouTube to Pull Clips Questioning Authorities on Covid Vaccines, Nokia Ditches Data Centers for Google Cloud in Five-Year Deal, Biden Enlists Obama as Closer in Stretch Run: Campaign Update, Washington’s One-Two Antitrust Punch Is About to Smack Big Tech, Disinformation Campaigns on Facebook, Twitter, Google Undermine African Election, J&J Sued for Misleading Auris Investors Over 2019 Buyout, China’s Quiet Experiment Let Millions View Long-Banned Websites, Conservative Youtuber Steven Crowder Thrives By Pushing Conflict With the Site, Chinese App Helps Users Bypass Great Firewall - Then Disappears, Wharton School of the University of Pennsylvania. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. “So we are creating a new company, called Alphabet. Mountain View, CA 94043 Microsoft Says Long-Time Deals Executive Brown Leaving Compa... Nextdoor Is Said to Eye Public Listing, $5 Billion Valuation, E-Commerce Blitz Stokes Rally in Canada’s Transport Stocks, Did Big Tech Get Too Big? Bloomberg’s daily technology newsletter is chronicling the impact of Covid-19 on the global tech industry. United States. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Regulators and politicians in the US and Europe have questioned the company's size, data privacy practices and potential impact on society. Alphabet Inc. is a holding company that gives ambitious projects the resources, freedom, and focus to make their ideas happen — and will be the parent company of Google, Nest, and other ventures. Sundar Pichai is Chief Executive Officer at Alphabet Inc. See Sundar Pichai's compensation, career history, education, & memberships. Watch Steph Curry give Bill Gates a job interview, Twitter suspends fake accounts pretending to be Black Trump supporters, Florida Latinos targeted by misinformation and conspiracy theories, This material could transform the solar energy sector, See the new iPhone 12, 12 Mini, 12 Pro, and 12 Pro Max, YouTube CEO on election misinformation and QAnon, This crease in Biden's shirt fueled a conspiracy theory, We asked Trump supporters to show us their Facebook feeds, See paramedics test a jet suit that can fly up mountains, Watch Ring's indoor drone prototype patrol a house, Here's one thing Joe Biden and President Trump actually agree on, This American was tricked into working with a Russian disinformation campaign, Watch Elon Musk show how the Neuralink brain implant works — using a pig, Google and Facebook run into more trouble over data in Europe, Google co-founder Larry Page stepping down as CEO of Alphabet. Under his leadership, Google's business has continued to grow and expand more into hardware and cloud computing, though the vast majority of its revenue still comes from advertising.

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