A little late in the day news dump for you, ahead of the upcoming holiday. Longtime Google executive Eric Schmidt announced today that he’ll be stepping down from his role as the executive chairman of Alphabet’s board of directors. Alphabet has confirmed the move with TechCrunch. Read More
Category: Alphabet
Eric Schmidt stepping down as Alphabet’s executive chairman to become a ‘technical advisor’
A little late in the day news dump for you, ahead of the upcoming holiday. Longtime Google executive Eric Schmidt announced today that he’ll be stepping down from his role as the executive chairman of Alphabet’s board of directors. Alphabet has confirmed the move with TechCrunch. Read More
Eric Schmidt steps down as chairman of Alphabet
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One of Google’s longest-running executives is stepping away from the tech giant’s parent company Alphabet.
Eric Schmidt, who joined Google in 2001 as its CEO and chairman, is stepping away from his current role as executive chairman of Alphabet. Schmidt became executive chairman of Google’s board in 2010 and maintained the position when the company restructured in 2015 to become Alphabet.
He will stay involved as a technical advisor, the company announced on Thursday.
CNBC was first to report the news.
“Larry, Sergey, Sundar and I all believe that the time is right in Alphabet’s evolution for this transition. The Alphabet structure is working well, and Google and the Other Bets are thriving. In recent years, I’ve been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work,” Schmidt said in a statement. Read more…
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