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Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

googleblog.blogspot.com

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Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#22

Post by yanw »

Wow. Back to the original CEO then.

Eric is still around and filling an important role (basically doing what he used to mostly do, he just doesn't have to sit in on earnings calls anymore):

Eric Schmidt will assume the role of Executive Chairman, focusing externally on deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership--all of which are increasingly important given Google's global reach. Internally, he will continue to act as an advisor to Larry and Sergey.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#25

Post by nostrademons »

[deleted] wrote: post #12
thedjpetersen wrote: post #3

Earlier quoted context omitted.

He wasn't fired, his role is just changing

[deleted]

Edit: parent post suggested that Eric had been demoted.

Executive Chairman is technically higher than the CEO:

http://en.wikipedia.org/wiki/Chairman

The Board of Directors is the CEO's boss, the Chairman is the leader of the Board of Directors.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#26

Post by brudgers »

bluegene wrote: post #5

Leaders of the two major players, Apple and Google, are taking a back seat now at the same time. It'll be an interesting watch from here

The difference is that Google will be run by a founder (again). That's not the case with Apple, where no matter how its spun, Jobs leave is generally perceived as a negative. Given the way the Apple announcement was handled, it would not surprise me if their timing was in part to steal Google's thunder.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#27

Post by jonknee »

siglesias wrote: post #15

Tried and true: founders make terrific CEOs. EDIT, Context being tech: Hastings, Ellison, Bezos, Zuckerberg, Jobs, Gates. I'd say Google was a company in the spirit of these before WorldCom, Enron and Countrywide Financial.

Except when they don't... Angelo Mozilo, Bernie Ebbers and Ken Lay (among many others) come to mind.

Re: Eric Schmidt: On April 4th I Will Step Down, Larry Page to be CEO

#28

Post by cperciva »

helium wrote: post #24
sdoowpilihp wrote: post #13

My initial reaction was that this was just another Google April fools joke.

I think it needs to be the 1st of April for it to be an April fools joke, right?

For most of us, yes. If Google wants to do an April fools joke on April 4th, all they need to do is edit the index so that the top result returned for "April fools date" claims that April fools' day is April 4th.
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