"We’ve never been ones to hold on to management roles when we think there’s a better way to run the company. And Alphabet and Google no longer need two CEOs and a president. … We are deeply committed to Google and Alphabet for the long term, and will remain actively involved as board members, shareholders and co-founders. In addition, we plan to continue talking with Sundar [Pichai] regularly, especially on topics we’re passionate about."      

Google co-founders Larry Page and Sergey Brin, writing on the Google blog earlier this week after Page and Brin announced they were relinquishing their roles as CEO and president, respectively, of Google parent company Alphabet. Pichai will become CEO of both Google and Alphabet.