By Deborah M. Todd SAN FRANCISCO (Reuters) - In a rare public appearance, Google co-founder and Alphabet Inc CEO Larry Page explained why he was spurred to create a whole new structure for the ...

Alphabet said that Page and Brin will remain active as co-founders, shareholders and board members. Pichai, 45, has been CEO of Google since 2015 and a member of the company’s board since 2017.

Under the guidance of their investors, Brin and Page hired Eric Schmidt, who became Google’s first CEO in 2001. A decade later, Page took back the reins, and became more involved in the company ...

Alphabet shares closed at $1,294.74 Tuesday and rose less than 1% in after-hours trading after the news broke. Alphabet stock is up about 24% this year. The company is valued at nearly $900 billion.

More than 20 years after launching Google out of a Menlo Park garage, Larry Page and Sergey Brin are relinquishing their executive roles at its parent company Alphabet (GOOGL).

Alphabet was created as Google's parent company, then-current Google CEO Larry Page and President Sergey Brin moved up to Alphabet, and Sundar Pichai was elevated to Google CEO.

With those words Sergey Brin abandoned academia and poured his energy into Google, a new firm he had dreamed up with a friend, Larry Page. Incorporated in 1998, it developed PageRank, a way of ...

Larry Page, the CEO of Alphabet, the company formerly known as Google , is notoriously private and introverted. He rarely grants interviews or speaks in public, and when he does, he’s known to ...

Alphabet will be run by Google co-founders Larry Page and Sergey Brin and Google will become a subsidiary of Alphabet with a new CEO: top Google executive Sundar Pichai.

On August 10, CEO Larry Page announced a restructuring of Google's stock -- its core business (Search, Advertising, Maps, YouTube, and Android) will be called Google and the rest of it -- Google ...