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Eric Schmidt Out, Larry Page In As Google CEO

jfruhlinger writes "Google surprised just about everybody at its earnings call by announcing that Eric Schmidt, who had served as company CEO for more than a decade, would be stepping down and that cofounder Larry Page would take over. Schmidt will stay on as chairman and provide 'technology thought leadership,' whatever that is. When Schmidt, an old Sun hand, joined Google in 2001, it was seen as a move to turn the scrappy upstart into a mature company; now on his Twitter feed Schmidt proclaims that his 'adult supervision' is no longer needed."

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  1. Re:Beginning of the end? by Anonymous Coward · · Score: 0, Troll

    Morale is rather low.

    BWAHAHAHAHAHAHA!

    Yes, we're all quite sad about our 10% raises, the $1000 cash, the new android phones, and the Google TV devices we were given for Christmas.