Notice anything different with Google today? No? Neither did we. As announced back in January, Google co-founder Larry Page re-assumed his role as CEO of the Internet search giant today. The company’s former CEO, Eric Schmidt, will move to the position of Executive Chairman. “We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” said Schmidt during the company’s Q4 earnings call back in January. “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.” Page briefly held the position of CEO in 2001 before turning the reins over to the more seasoned Schmidt. More →
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. More →
Reuters U.K. is reporting that Google’s CEO, Eric Schmidt, has stated that his company’s Google TV will debut in the U.S. “this autumn.” Speaking at IFA in Berlin, Schmidt told journalists, “we will work with content providers but it is very unlikely that we will get into actual content production.” The CEO said the new TV-based service would allow for full internet browsing and be available to a variety of electronic manufacturers for use. Add television to the list of fronts that Google and Apple will be doing battle on this fall. More →
A popular topic of discussion lately in every corner of the Web has been Eric Schmidt’s position on Apple’s Board of Directors and the many possible conflicts it now presents. While opinions have varied, most take the stance that Google’s business has begun to overlap with Apple’s in too many key areas and as such, Schmidt’s role with the company is no longer appropriate. Well, the debate is over. Apparently, Google’s CEO and the Cupertino crew finally came to their senses. Steve “Thanks for Picking Our Brains and then Trying to Eat Our Lunch” Jobs had this to say:
Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful. Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple’s Board.
So long Dr. S, you will be missed — unless Chrome OS somehow manages to beat the odds and outreach OS X’s market share at some point down the road. Then we imagine pretty much no one at Apple will miss you.