According to experts this shakeup was much needed much-needed and a long-time coming. The parent company of Google has been dealing with a problem of lack of leadership. Keeping Sundar as the CEO, it may finally be able to focus on the ongoing loss of direction.
Google’s parent company announced that Larry Page and Sergey Brin, Google’s cofounders, are stepping down from their positions as its CEO and president, respectively, effective immediately, Business Insider reported. Sundar, previously the CEO of Google, will be the undisputed man in charge at Alphabet, taking over as its CEO.
As sudden as the decision was, it wasn’t much of a surprise. From nearly all appearances, Page and Brin checked out of the company a long time ago.
Business Insider reported that a tough new privacy law takes effect in California next month, and there’s also a growing movement to put in place a similar one nationally. Both of them could crimp Google’s business, which is largely derived from selling ads that it targets by collecting data on consumers.
In other words, this is a time when the company needs a clear leader to both to be its public representative and to help it navigate through these challenges.