Google co-founders Larry Page and Sergey Brin have announced their departure from top roles within the giant’s parent company, Alphabet.
Mr Page and Mr Brin have announced they are stepping down from their respective roles of chief executive and president.
In addition, Google’s CEO Sundar Pichai has been appointed as Alphabet’s CEO, the company said in a statement.
The Google founders created Alphabet in 2015 as part of a corporate restructuring exercise. Mr Page and Mr Brin famously founded Google in a California garage in 1998.
Alphabet had been formed in order to make Google’s activities “cleaner and more accountable,” as the organisation widened its activities from internet search into other areas, such as self-driving cars. The founders moved from Google to Alphabet when it was formed, with the aim of prioritising a shift in focus to starting new activities.
Announced via a blog post on Tuesday, Mr Page and Mr Brin, both ages 46, announced that they are taking a step back from managing the day-to-day activities of the company.
In their letter, they committed themselves to remaining “actively involved as board members, shareholders and co-founders,” adding that it was “the natural time to simplify our management structure”.
“We’ve never been ones to hold on to management roles when we thing there’s a better way to run the company. And Alphabet and Google no longer need two CEOs and a President,” the letter said,
They stated that it was time to "assume the role of proud parents - offering advice and love, but not daily nagging" and insisted there was "no better person" to lead the company into the future than Mr Pichai.