Larry Page steps down as CEO of Google parent Alphabet; Sundar Pichai will be CEO of both companies

SAN FRANCISCO — It's the end of an internet era: Larry Page is stepping down as head of Alphabet, Google’s parent company, and ceding management control to Sundar Pichai who will take over as CEO of both, the internet giant said in an announcement Tuesday. 

Page and Sergey Brin, who co-founded Google more than two decades ago while graduate students at Stanford University, will continue as members of Alphabet’s board of directors and still exercise considerable sway over the company as its two largest individual shareholders.

The surprise news from one of the world's most powerful technology companies comes as Google has been rocked by criticism from Washington lawmakers and President Trump, growing scrutiny from regulators, rising competition from Amazon.com, internal scandals and unrest within its own ranks.

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