Eric Schmidt Google former CEO Steps Down As Alphabet’s Executive Chairman

Eric Schmidt Google former Steps Down As Alphabet’s Executive Chairman

Eric Schmidt

Alphabet has reported that previous Google CEO Eric Schmidt will step down from his role as Alphabet's executive chairman.Eric Schmidt will be transferred to another position as a technical advisor at the organization as he keeps on serving on Alphabet's board. 

Schmidt has served in senior parts at Google since 2001 when he was first expedited by Larry Page and Sergey Brin as the search giant’s Chief executive. He stepped down from the role to take the role  of  Google and later Alphabet's executive chairman, a role he's served in until today.

Eric Schmidt

✔@ericschmidt

After ten years as CEO and seven as Executive Chairman, I can’t wait to dive into the latest in science, technology, and philanthropy. I look forward to working with Larry and Sergey on our future here at Alphabet. https://abc.xyz/investor/news/releases/2017/1221.html …

11:15 PM - Dec 21, 2017

Alphabet Investor Relations

Alphabet Inc. is a holding company that gives ambitious projects the resources, freedom, and focus to make their ideas happen — and will be the parent company of Google, Nest, and other ventures.

abc.xyz

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In a statement, Eric Schmidt commented that "Larry, Sergey, Sundar and I all trust that the time is right in Alphabet's evolution for this change. The Alphabet structure is functioning admirably, and Google and the Other Bets are flourishing." He additionally noted that he'd keep on being growing his work in science and technology issues and philanthropy.