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The chief legal officer of Google parent Alphabet Inc. is leaving the company amid an investigation into his relationships with employees of the search-engine giant.
David Drummond, 56 years old, said he would retire at the end of the month from Alphabet after nearly 20 years of service, according to a securities filing Friday. In a memo to employees, Mr. Drummond said it is “the right time for me to make way for the next generation of leaders.”
A Google spokeswoman said Drummond isn’t receiving an exit package from the company.
Since November, Drummond has sold more than $221 million in Google stock
GOOGL, +0.65%
,
GOOG, +0.70%
according to securities filings. He received about $47.3 million in total compensation including stock awards in 2018, company filings show, making him one of Alphabet’s highest-paid executives.
Alphabet has said it was investigating Drummond’s alleged misconduct.
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