Wednesday , November 13 2019
Home / unitedstates / Eric Schmidt, former CEO of Google, will leave the board of Alphabet after 18 years

Eric Schmidt, former CEO of Google, will leave the board of Alphabet after 18 years

Eric Schmidt will leave the Alphabet Board in June of this year, after holding a position for 18 years. His departure comes just over a year after Schmidt stepped down as chief executive of Alphabet – this also occurs when Google struggles with internal turmoil over involvement with US military contracts, potential business in China, and has reported cases of bad sexual conduct.

Schmidt has been an important presence in Google during his time in the company. He initially held a position on the board in 2001 when he became CEO of Google – a role he essentially received to lend business knowledge to what the founders of Larry Page and Sergey Brin were building. In 2011, he stepped down as CEO and became the CEO of Google. In early 2018, he left office and became a regular member of the board.

In a press release today, Alphabet announced that Schmidt would not seek re-election to the council when his term expires on June 19. The alphabet says he will continue to be a "technical advisor" to the company, a role he has since last year.

Schmidt said he would step down to help "the next generation of talent to serve." He said he would be teaching more, working on his philanthropic organization, Schmidt Futures, and using his role as technical advisor to the coach Alphabet. and Google / technology companies. "

While Schmidt undoubtedly played a key role in Google, becoming the giant it is today, its presence may have been less appreciated more recently. Only six months ago, Google came under scrutiny when The New York Times reported sexual misconduct within the company. The report included details of a $ 150 million payment for Android creator Andy Rubin amid an investigation of sexual misconduct. Schmidt was later named in a lawsuit accusing the company of covering up harassment by several executives.

Source link