Sundar Pichai has been named the new CEO of Google. Google is now a subsidiary of Alphabet, Inc., according to a blog posted by Larry Page, the new CEO of Alphabet and former CEO of Google.
Here is what you need to know.
1. Sundar Pichai Has Been Named the New CEO of Google
In Page’s blog, he said that he picked Pichai to become Google’s new CEO because Page has enjoyed working with Pichai and Pichai has been saying many of the same things about Google’s future that Page believed. Page said that Pichai especially stepped up and impressed him and Sergey Brin, President of Alphabet, after Pichai was given charge of product and engineering for Google last October. He said that Pichai will continue to focus on innovation and pushing the boundaries:
I feel very fortunate to have someone as talented as he is to run the slightly slimmed down Google and this frees up time for me to continue to scale our aspirations.
2. Pichai Joined Google in 2004 and Has Been a Superstar Ever Since
Pichai joined Google in 2004. At first, he worked behind the scenes developing the Google toolbar. He then helped launch the Chrome browser in 2008, Fortune reported, which despite skepticism originally became the No. 1 browser in the world. Fortune referred to Pichai’s meteoric rise through Google’s ranks as “one of the fastest corporate ascents in the technology industry.”
After launching Chrome, Pichai was promoted to vice president and then senior vice president at Google. He oversaw many of Google’s applications, including Gmail and Android. He was added to Google’s exclusive L-team of executive who reported directly to Page, Fortune reported. Pichai made many great moves for Google, including trying to convince the WhatsApp not to sell to Facebook and helping convince Nest to join Google, Business Insider reported.
In 2014, Pichai was given free rein for overseeing products like Google+, ad products, and commerce products. The only exceptions were independent units like Calico and YouTube. This came after years of proving to be drama free and willing to do what it takes to move forward. According to Business Insider, Pichai was adept at avoiding drama that many Google executives succumbed to. When he reported to Marissa Mayer, he was willing to wait outside her office for hours on end in order to make sure his team got good performance reviews. Pichai is definitely willing to put in the hours in order to succeed.
3. He Is Married and Has a Daughter and a Son
Pichai was born Pichai Sundararajanin 1972 in Tamil Nadu, a southern state in India. Pichai’s dad was an electrical engineer with the firm GEC and worked hard to raise Pichai and his brother, working long hours and doing whatever it took, according to VC Circle. They lived in a two-room apartment in India without a TV or a car, Bloomberg reported. They would sometimes all ride on one scooter when they needed to go somewhere. They got their first phone, a rotary, when Pichai was 12.
Pichai’s father, Regunatha, managed a warehouse that made electrical components and often talked to his son about his job. He told Bloomberg:
“I used to come home and talk to him a lot about my work day and the challenges I faced. Even at a young age, he (Pichai) was curious about my work. I think it really attracted to him to technology.
He first went to college in India and then received a master’s degree from Stanford in engineering and material sciences, along with an MBA from Wharton School. Adjusting to American life wasn’t always easy. Bloomberg reported that when Pichai first arrived in Stanford in 1993, he was shocked that backpacks cost $60. Pichai is married to Anjali Pichai and they have a daughter and a son, according to Siliconindia. Pichai loves to play chess in his free time.
4. Google Paid Millions to Keep Him From Leaving
Pichai was reportedly offered a chance to leave Google and become the product head at Twitter in 2011, according to Death and Taxes Magazine. Google reportedly offered Pichai $50 million in stocks to turn Twitter down. TechCrunch reported that Google made this offer before Twitter even revealed its proposed compensation package. Business Insider reported that Microsoft was considering Pichai as its new CEO when it was looking for a replacement for Steve Ballmer.
5. His Net Worth Is $150 Million
Pichai’s net worth is $150 million, according to Full Net Worth, which he has gained through his work at Google along with other companies that he has been a part of. He’s currently a member of the board of advisers at Ruba, Inc. and he was formerly the director of Jive Software, according to Full Net Worth. Pichai was also given $50 million in stock by Google to keep him from jumping ship and joining Twitter.