Larry Page to replace Eric Schmidt as Google CEO April 4th

Breaking

During its Q4 earnings disclosure, Google announced that co-founder Larry Page will take over the CEO role effective, April 4th, from Eric Schmidt. Mr. Schmidt will remain with the company and assume the role of Executive Chairman, “focusing externally on deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership.”

“We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” said Schmidt. “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.”

Sergey Brin, also a Google co-founder, will focus on new, strategic projects for the company.

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25 Comments
  • Sonya

    Wonder what happened

  • Bcmw2000

    Wow.

  • serpentor

    Schmidt made it sound like he was really just taking orders from Larry Page all this time.

  • Anonymous

    Schmidt, Page & Sergey have been the three making decisions for a long time. Its just formalities at this point.

    • Darwin

      Oh its very easy to argue he has NOT done a bang up job. Look at all the failed platform strategies. Products that took a lot of time and money to produce and went nowhere. Look at all the high value employees leaving Google. How about the multiple lawsuits and bad press about Google. Look at how Android has made nowhere near the kind of ad revenue google expected it to. Its easy to make the argument if you have any idea what you are talking about.

    • Norm 4G LTE

      Lord Schmidt has done an EPIC job. No one in the world has even come close to his accomplishments. Not even Steve Jobs. Just look at the DROID OS, how monumental was that? Yeah, it may be a complete ripoff of iOS, but it’s open source, which makes it so easy to upgrade and do what you want with….unless you depend on a carrier for updates…but I digress. DROID DOES FTW!!

      • http://twitter.com/bryanz bryanz

        Interesting that your name has the words “4G LTE” in it and you’re bashing Android as being an iOS ripoff. Where can I pick up that LTE iPhone? Oh wait. That’s right, I can’t. And one can choose to depend on the carriers for updates or one can realize that there’s an incredibly active and energetic dev culture surrounding Android so that one can do pretty much whatever one wants with their phone. Look, iHave and iPad and iThink it’s great. In fact, iLove it! But I also have an Android powered smartphone that kicks ass, is fun to use and has a ton of great customizable features to it. Fanboys on both sides need to get a clue and realize there’s solid benefits to both offerings. And don’t get me started on the ripoff comment, that’s just ignorant.

      • Anonymous

        doesn’t android wait for carriers to update? and iphone doesn’t get its updates from the carrier, it gets it from Apple….just saying

      • Guestz0r

        This is a reply to NYCLady, but it wont let me reply to her post.

        You are incorrect. Phones made by manufacturers with their own skin on it is obviously contingent on getting updates when they update their software, but pure android phones get their updates straight from the Google servers wirelessly and automatically (see: Nexus phones, Original Droid ect)

  • Anonymous

    I know what happened. Google was making such crap cell phones they needed to replace Schmidt with Page. So it happened. Only hope he is able to make better android phones for all you droidtards

    • Shane

      Last time I checked google does not make cell phones. They make software for cell phones. Get your facts straight before trying to make a smart ass comment

  • Norm 4G LTE

    OMG OMG…. NO!!!!!! I don’t believe this. DROID will be okay though. No one worry! Everything will be just fine. Google and DROID will continue just fine. I’m sure BGR won’t even have half the stories they had when Steve Jobs expired as CEO, but whatever…this is MAJOR and BREAKING. DROID DOES!

    • Anonymous

      It’s ok, it’s ok buddy. We will be ok. Larry is a cool bloke and will take care of Lord Eric! Plus Sergei married a really hot girl so he’s quite busy.

  • Anonymous

    Does this company enjoying fragmenting things or what?

    Seriously though, if he had camped out with the rest of the drug addicts at the burning man festival instead of spending it with his mistress in a hotel he would still be CEO.

    Don’t F.U.C.K with the Burning Man!

  • Bcmw2000

    Hmm, Norm 4G LTE you sound like a pretty level-headed dude.

    • Anonymous

      He is. He is a board member of the Goofan (aka Apple Hater) nation… And an esteemed colleague of mine!

  • Anonymous

    2011
    $8.44 Billion revenues (Before TAC)

    2010
    $6.67 Billion (Before TAC)

    All of that Android “Growth” added a whopping $1.73 Billion in revenue???

    What out Apple!

    /S

    In case anyone forgot Apple’s revenues just from iPhone where larger than Google’s entire quarter.

    • lurch

      How much of that money are you getting?

    • Anonymous

      What you’ll never be able to grasp due to the fact you’re an apple lover and thus intellectually challenged is that googles money comes from God himself, they don’t charge us for their products! so every dollar google makes counts for 1,000 US Dollars.

  • Anonymous

    “We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” said Schmidt.

    Irony found

  • Anonymous

    Dear Lord Eric,

    It is with great pain that I, along with the entire Goofan (aka Apple Hater) nation accept your “resignation”. We all know you are trying to distract the devil steve jobs and apple. You are true geniuses! No wonder it takes a genius to be an android lover. Thats why you made the os so difficult to use, so that “regular” people wouldn’t be able to use it. I love it and I am sure we will see the true nature of this amazingly smart move pretty soon.

    Always yours and with love,

    The Goofan (aka Apple Hater) Nation

  • Anonymous

    this guy makes Eric Schmidt look sexy.

    • Anonymous

      You haven’t seen me yet gorgeous! :-)

  • Nornal

    I know this is totally off-topic, but it’s clear Google doesn’t pick its executives based on looks. (oh, snap!)

    Also, Marissa Mayer isn’t going to win any beauty contests either (although when I worked at the Googleplex, the general sentiment was that she had a high opinion of herself. As much as I’d like to believe this, the few times I interacted w/ her, I didn’t get that impression).

    Anyway, when it comes to Larry & Sergei, Larry is “first amongst equals”.

  • Anonymous

    There is always the possibility that Larry was being groomed for the job and the time was right.

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