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Google just announced a major overhaul of its corporate structure. As part of the change, the company that used to be called Google going to become a new holding company called Alphabet . Google founders Larry Page and Sergey Brin are recognized for their efforts at the conclusion of the Clinton Global Initiative in New York, September 22, 2006. Former US President Bill Clinton's annual event brings together world leaders from business, government and philanthropy to try to solve world issues. Shareholders will get one Alphabet share for every Google share they previously owned. The executives in charge of Alphabet will be the same execs in charge of Google today -- CEO Larry Page, President Sergey Brin, Executive Chairman Eric Schmidt, CFO Ruth Porat, and chief counsel David Drummond. Alphabet includes the following entities: A smaller company called Google, headed by CEO Sundar Pichai, that includes the company's core businesses. Those businesses: ...