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Alphabet appoints Google’s CEO Sundar Pichai to its board of directors

Alphabet Inc announced it has appointed Google CEO Sundar Pichai, who is responsible for Google’s product development and technology strategy, to its Board of Directors.

Google chief executive officer Sundar Pichai is joining the search engine giant parent company Alphabet’s board of directors, according to an announcement on Monday, July 24, from the company.

“Sundar has been doing a great job as Google’s CEO, driving strong growth, partnerships, and tremendous product innovation. I really enjoy working with him and I’m excited that he is joining the Alphabet board,” said Larry Page, CEO of Alphabet, in a press statement.

Pichai has been running the Google division since August of 2015, when the Mountain View-headquartered tech giant opted to separate its different businesses and name the parent company Alphabet. Pichai is in charge most of Google’s name-bearing properties, including search, advertisement, cloud and maps. Pichai’s responsibility also includes Android and YouTube.

Pichai has been with the firm since 2004, with previous jon overseeing Google consumer products, engineering and research efforts.

In addition to Google co-fonder Larry Page and Pichai, some of the other Alphabet board members include co-founder Sergey Brin, former CEO Eric Schmidt and Kleiner Perkins’ John Doerr as well as Google SVP Diane Greene.

Meanwhile, Alphabet’s second quarter revenue surpassed the estimates but its shares are taking a hit after hours thanks to the record-breaking earnings, $2.7 billion antitrust fine sanctioned on the search giant in June by the European Commission.

Google revenues, which accounted more of the enterprise cloud, software and data management products, attributed most of second quarter sales with $25.76 billion in revenue, up from $24.5 billion the previous quarter.

Looking forward onto the third quarter, the Wall Street is expecting non-GAAP earnings of $8.43 per share with $26.7 billion in total revenue.

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