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Eric Schmidt, Diane Greene, to leave the Alphabet picture



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Eric Schmidt, former president and CEO of Google.

John Lamparski | Getty Images

The Alphabet announced on Tuesday that Eric Schmidt will not seek re-election for the board seat he has held since 2004.

Schmidt joined Google as CEO in 2001 when the company had only hundreds of employees, and became its chief executive ten years later, handing the CEO position to co-founder Larry Page. He retained that presidency when Google restructured to become the Alphabet in 2015 and announced that he was leaving office, but remaining on the board in December 2017.

"Eric has made an extraordinary contribution to Google and Alphabet as CEO, Chairman and Board member. We are extremely grateful for his guidance and leadership over many years," said John Hennessy, chairman of Alphabet's board, in a statement.

Former Google Cloud chief Diane Greene, who has served on the board since 2012, also will not seek re-election. Former Oracle executive Thomas Kurian has replaced Greene as head of his cloud business earlier this year.

Both terms will end in June.

The company also added a new board member, Robin L. Washington, who joined on April 25 and will serve on the Leadership and Compensation Committee. Washington is currently the CFO of the biopharmaceutical company Gilead Sciences. Alphabet has made an increase in health technology by hiring David Feinberg to lead a new division of Google Health last November.

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