NEW DELHI: Alphabet, Google‘s parent company, has announced that Sundar Pichai, the CEO of Google, is now also a part of Alphabet‘s board of directors. The company made this announcement on the firm’s website along with the revelation of a huge jump in quarterly revenue.
“Alphabet Inc. today announced it has appointed Sundar Pichai to its Board of Directors. Mr. Pichai is the CEO of Google Inc. His appointment was effective July 19, 2017,” said the post. Commenting on the move, Larry Page, CEO of Alphabet Inc. and also a member of the board of director, said that, “Sundar has been doing a great job as Google’s CEO, driving strong growth, partnerships, and tremendous product innovation. I really enjoy working with him and I’m excited that he is joining the Alphabet board.”
It is worth noting that Pichai will still be taking care of Google’s product development and technology strategy, as well as the company’s day-to-day-operations.
For the uninitiated, Sundar Pichai joined Google back in 2004 and took over product engineering in 2014. Working closely with the Google’s co-founders, Larry Page and Sergey Brin, Pichai rose to become the search giant’s CEO in 2015.
On a related note, Alphabet reported a 21% jump in quarterly revenue, as per Reuters. Google’s parent company is said to have made $3.5 billion in net income on sales of $26 billion. Alphabet’s cost of revenue also rose to 28%.
Google, the biggest arm of Alphabet Inc. is also set to launch its Android Go operating system for developing countries. The company is also working on bringing ‘Lite’ apps to such regions. This is likely to increase the Android OS share and boost app usage as well. It is also set to launch a couple of ‘Pixel ‘ branded smartphones later this year.