Google announced a major corporate restructuring based on the creation of a holding company called Alphabet that will contain the companies now owned by Google. Google’s co-founder Larry Page will be the CEO of Alphabet and the other co-founder Sergey Brin will be its President. Google’s name will continue to exist as one of the new holding’s companies with Sundar Pichai, who’s been working there since 2004 and has been involved in the Android and Chrome projects, as its CEO.