Eric Schmidt Steps Down as Alphabet's Executive Chairman

Image: AP
Image: AP

After six years as executive chairman—first at Google, then Alphabet—Eric Schmidt announced in a press release today that he will step down, taking on the role of technical advisor at the company and remaining on its board.

In the press release, Schmidt notes that, “in recent years, I’ve been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work.”

Schmidt served as CEO of Google from 2001 to 2011, and remained with the company as executive chairman during the restructuring that formed Alphabet. At the present time, it is unclear what responsibilities his new role brings.

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Alphabet expects its board of directors to appoint a non-executive chairman.

Senior reporter. Tech + labor /// bgmwrites@gmail.com Keybase: keybase.io/bryangm Securedrop: http://gmg7jl25ony5g7ws.onion/

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lollercoaster1
lollercoaster

“I woke up and realized omfg I have so much money I have literally no idea how to spend all of it, why the fuck am I still working?”