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The Wall Street Publication > Blog > Tech > Alphabet Health Unit Founder Exits Amid Move to Commercial Uses
Tech

Alphabet Health Unit Founder Exits Amid Move to Commercial Uses

Last updated: September 9, 2022 8:20 pm
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Alphabet Health Unit Founder Exits Amid Move to Commercial Uses
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Verily Life Sciences, a healthcare unit of Alphabet said founder and Chief Executive Officer Andy Conrad would be replaced in the top role, as the company attempts to find commercial uses for its wide-ranging project portfolio.

Stephen Gillett, the current president of Verily, will succeed Mr. Conrad as CEO in January next year, with Mr. Conrad becoming executive chairman. Alphabet led a $1 billion round of new funding in the company with other investors, Verily said Friday in a statement announcing the leadership changes.

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