Eric Schmidt Steps Down As Google CEO

In an unexpected announcement, Google CEO Eric Schmidt has announced that as of today he will be stepping down from the captain’s chair and will be replaced by co-founder Larry Page.

All the best, Eric...

In a post on the official blog, Eric said “When I joined Google in 2001 I never imagined—even in my wildest dreams—that we would get as far, as fast as we have today. Search has quite literally changed people’s lives—increasing the collective sum of the world’s knowledge and revolutionizing advertising in the process.”

He also added, “Larry will now lead product development and technology strategy, his greatest strengths, and starting from April 4 he will take charge of our day-to-day operations as Google’s Chief Executive Officer. In this new role I know he will merge Google’s technology and business vision brilliantly. I am enormously proud of my last decade as CEO, and I am certain that the next 10 years under Larry will be even better! Larry, in my clear opinion, is ready to lead.”

During Tim’s tenure as CEO, Google has grown exponentially and has embedded itself in our daily lives. It has even launched the Android mobile Operating System which has been an incredible success and is also working on the Chrome OS for mobile computing devices.

Published Date: Jan 21, 2011 11:25 am | Updated Date: Jan 21, 2011 11:25 am