https://abc.xyz/investor/news/releases/2019/1203/ Slightly more organized info in the intro bullets. Larry Page and Sergey Brin, the CEO and President, respectively, of Alphabet, have decided to leave these roles. They will continue their involvement as co-founders, shareholders and members of Alphabet’s Board of Directors.
For a while after Bill Gates stepped down as CEO, there was this awkward tension where Steve Balmer was CEO, but people still treated Bill like he was the one in control -- because he was.