Freitag, 18. September 2020, 11:51
 

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20.08.2020, 03:04

Page and Brin Might Be Leaving Google Management but Their Control (and Wealth) is Locked in

Page and Brin Might Be Leaving Google Management but Their Control (and Wealth) is Locked in

Fortune Dec. 5, 2019

Page and Brin Might Be Leaving Google Management but Their Control (and Wealth) is Locked in

Google parent Alphabet announced Larry Page and Sergey Brin would step down as CEO and president, respectively. And markets took the news in stride.

In fact, investors were happy. Shares jumped by 2% from Tuesday's close. "In our view, such a change will not impact the firm’s operations nor its strategy," Morningstar senior equity analyst Ali Mogharabi wrote in a client note. Page "has not been very involved in the company’s operations, and under the leadership of Pichai and Ruth Porat, Google (which brings in nearly all of Alphabet’s revenue) has continued to operate well."

Read more ....

06.12.2019, 01:30 von COO | 105 Aufrufe

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