Eric Schmidt, who served as Google’s CEO from 2001-2011, has announced that he will be leaving his role as executive chairman of Alphabet’s board of directors. According to the company, Schmidt will then serve as a “technical advisor.”
“The Alphabet structure is working well, and Google and the Other Bets are thriving … In recent years, I’ve been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work,” Schmidt said in a statement.
Alphabet says it anticipates that “the Board will appoint a non-executive chairman.”
advertisement
Recognize your brand’s excellence by applying to this year’s Brands That Matter Awards before the early-rate deadline, May 3.
