Google’s CEO Eric Schmidt it to be replaced by Google co-founder Larry Page, and Eric Schmidt will move to the roll of Executive Chairman at the search giant.
Eric Schmidt was brought in to give Google a more corporate face over 10 years ago, and he recently wrote on Twitter “Day-to-day adult supervision no longer needed!”, following the announcement.
Larry Page will take over as CEO from Scmidt on the 4th of April 2011, Page previously held the role of CEO at Google until venture capitalist firms insisted that Google have a more mature leader.
“My goal is to run Google at the pace and with the soul and passion of a startup,” Page said in a Thursday interview. “I think I will have time to do that given the way we have split up our responsibilities.”
via Business Week