Eric Schmidt to Step Down as Google CEO in April
Posted on 20. Jan, 2011 by Daniel Cawrey in News
In a blog post today, Google CEO Eric Schmidt remarks about how far the company has come since he joined Google in 2001. He is also announcing that the running of the company will turn to Larry Page April 4. From the earnings release:
Larry said: “Eric has clearly done an outstanding job leading Google for the last decade. The results speak for themselves. There is no other CEO in the world that could have kept such headstrong founders so deeply involved and still run the business so brilliantly. Eric is a tremendous leader and I have learned innumerable lessons from him. His advice and efforts will be invaluable to me as I start in this new role. Google still has such incredible opportunity–we are only at the beginning and I can’t wait to get started.”
Commenting on these changes, Eric said: “We’ve been talking about how best to simplify our management structure and speed up decision making for a long time. By clarifying our individual roles we’ll create clearer responsibility and accountability at the top of the company. In my clear opinion, Larry is ready to lead and I’m excited about working with both him and Sergey for a long time to come.”
