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Google CEO Eric Schmidt might be the next U.S. Commerce Secretary

Posted: , by Ken N.

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Google CEO Eric Schmidt might be the next U.S. Commerce Secretary
According to Businessweek, President Barack Obama is considering Google CEO Eric Schmidt for the position of the next U.S. Commerce Secretary. The current U.S. Secretary of Commerce, Gary Locke, is being reassigned as the ambassador to China. And the current U.S. ambassador to China, Jon Huntsman, is resigning on April 30th to enter the 2012 Presidential race.

Google's Eric Schmidt will be handing the CEO reigns over to Larry Page, one of Google's co-founders. While Larry Page and Sergey Brin are the engineering minds behind Google, Schmidt provides the business acumen. And that's why he's being considered for the Commerce Secretary position.

The U.S. government has a long history of appointing successful CEOs to the position. Meredith Broadbent of the Center for Strategic and International Studies explains that with an executive, "you get the management experience, and you get an understanding of a large complex organization that is active globally."

After leading Google for the past 10 years, and proving his ability to innovate and excel, we look forward to the possibility of seeing him as our U.S. Secretary of Commerce. But he will still face competition from the current U.S. Trade Representative, Ron Kirk; and the former Pfizer CEO, Jeffrey Kindler.

source: Businessweek via Forbes

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posted on 10 Mar 2011, 01:56 2

1. clevername (Posts: 1436; Member since: 11 Jul 2008)

The first step to google world domination!! Google for ...erm, Eric Schmidt for president 2016!

posted on 10 Mar 2011, 04:33 1

2. samirsshah (Posts: 61; Member since: 10 Mar 2011)

As an Indian I welcome it. Google and Eric Schmidt knew importance of India early on. Bill Gates also knew importance of India but, I am sorry to say, Steve Ballmer is going by numbers and has put India on a back burner. Believe me, as an Indian you know when you are brushed aside.

posted on 10 Mar 2011, 14:43 1

7. iHateCrapple (Posts: 734; Member since: 12 Feb 2010)

No offense but us Americans know when we get brushed aside as well...


posted on 10 Mar 2011, 21:41 1

8. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

Amen to this, but given how anti-competitive our country has been, its understandable for these mega corporations to want to take their business elsewhere, they are in it for the money after all.

posted on 10 Mar 2011, 06:30 1

3. snowgator (Posts: 3604; Member since: 19 Jan 2011)

I welcome any representitive of the free market/world economy into our goverment. Can only help.

posted on 10 Mar 2011, 09:17 1

4. nancyfuqindrew (Posts: 32; Member since: 07 Jan 2010)

Because god knows the free market is totally underrepresented by the government.

posted on 10 Mar 2011, 11:53 1

5. evenly mismatched (unregistered)

Hmm... ok, so maybe the Google conspiracy theorists are on to something...

posted on 10 Mar 2011, 13:29

6. networkdood (Posts: 6330; Member since: 31 Mar 2010)

The FCC chairman is also being considered for the same post and he is a buddy of OBAMA.

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