IITian Sundar Pichai is the new CEO of Google

Sundar Pichai, 43, a native of Chennai and the alumnus of IIT Kharagpur has been appointed the new CEO of Google by the company’s founders Larry Page and Sergei Brin.

Google has re-structured itself and a mother company has been created called Alphanet which will take care of all its sub-companies that are not related to its main Internet products. These will include Calico (with its focus on Longevity), life sciences units (which is present working on smart contact lenses that can detect blood sugar level, investment unit Ventures & Capital, and X lab (the incubation section of Google encouraging its new ventures like Wing which focuses on delivery by drones).

Alphabet will be headed by Page himself. The slimmed version of Google – named as Google Minus – will be headed by Pichai who counts Stanford and Wharton Universities among his alma mater. Google will now work as a subsidiary of Alphabet though.

Page praised Pichai saying that ever since he took on the product & engineering of the company’s Internet businesses in October 2014, he has shown tremendous potential and talent.

Still, Google will remain the biggest piece of Alphabet. Explaining Pichai’s elevation, Page said he (Pichai) has really stepped up since October of last year, when he took on product and engineering responsibility for Google’s Internet businesses.

With Satya Nadella heading the Microsoft, Indra Nooyi at Pepsi, Sanjay Mehrotra at San Disk and Ajay Banga at the helm of the Mastercard, the number of Indian-origin CEOs in the Fortune 500 companies shows an encouraging trend for the domestic talent.