Sunder at helm at Google

The founders of Google, Larry Page and Sergey Brin, an alumni of Stanford University, who founded Google in a Silicon Valley garage, on Tuesday indicated that they were stepping aside as leaders of Google. They are now handing over the reins to Sundar Pichai, who will take over as the CEO of Google's parent company Alphabet, in addition to maintaining his current responsibilities as chief executive of the search giant.

Pichai, immigrant from India, who joined Google in 2004, is in now charge of it all Though, the voting powers of co-founders over the company's shares give them majority control, yet operational control now has been transferred to Sunder.

Mr. Page and Brin, would stay on as active as board members but did not elaborate about their future plans. "With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it's the natural time to simplify our management structure," Page and Brin said in a joint statement.

"I'm excited about Alphabet and its long term focus on tackling big challenges through technology," Pichai, 47, said in a statement. "I'm looking forward to continuing to work with Larry and Sergey in our new roles." Pichai also tweeted that Alphabet had a "timeless mission."