Former Google Chairman and CEO Eric Schmidt leaves his executive position at Alphabet

Former Google Chairman and CEO Eric Schmidt leaves his executive position at Alphabet
A member of the billionaire club with a net worth exceeding $11 billion, former Google Chairman and CEO Eric Schmidt has stepped down from his current position as Alphabet's executive chairman. He will remain a member of Alphabet's board as a technical advisor. Schmidt started at Google in 2001 when he was brought in by Larry Page and Sergey Brin to run the company as CEO. With Schmidt's departure from Alphabet, it is expected that the board will name a non-executive chairman.

While Chairman of Google, Schmidt also had a seat on Apple's board from 2006 to 2009. Once Android started to make waves against iOS with the Motorola DROID and the Nexus One, Apple CEO Steve Jobs felt betrayed by Schmidt. The final nail in the coffin was driven home by the release of an update that enabled pinch-to-zoom multi-touch on the Nexus One. This was a feature of the iPhone that Steve Jobs said was patented by Apple when he unveiled the original iPhone in January 2007.

With the growing popularity of Android, Schmidt was often photographed using the latest new Android model. Other times, he was caught using an iPhone or wielding a couple of BlackBerry units.


Now 62-years old, Schmidt was ranked by Forbes earlier this year as the 119th richest person in the world. And now that he is leaving his executive position at Alphabet, it would be a good time for him to relax and enjoy the fruits of his labor.

source: Alphabet

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6 Comments

1. cnour

Posts: 2305; Member since: Sep 11, 2014

When Jobs and Schmidt met at the cafe in Palo Alto, Jobs told Schmidt: I don’t want your money. If you offer me $5 billion, I won’t want it. I’ve got plenty of money. I want you to stop using our ideas in Android, that’s all I want. Apple did the others follow.

2. sgodsell

Posts: 7209; Member since: Mar 16, 2013

Wow, and for the last 5 years Apple has been following Android. Or are you a blind individual cnour? Or are you living back in 2007?

10. Panzer

Posts: 282; Member since: May 13, 2016

And Apple stole the design from LG Prada. Cherry picked software features from all the existing mobile OS's and got some patents and the rest is history. They rake in billions of dollars by selling iphones to previous iphone users and their market share has been stuck at 13% - + . Others did not follow, others steam rolled right over Apple. Thank god for loyal followers like you that are giving cpr to a flattened rotting carcus of a company that took others ideas and polished them and claim them as their own.

3. GreenMan

Posts: 2697; Member since: Nov 09, 2015

Eric Schmidt, eh? Is it true that the name of "Walden Schmidt" in 2 and a half men was based on Eric Schmidt's name?

5. Peacetoall unregistered

people also believe that there are big foot in area 51 and earth is flat.

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