Larry Page and Sergey Brin No Longer Need ‘Adult Supervision’


Google parent Alphabet Inc. no longer needs Eric Schmidt to provide adult supervision. After 17 years in senior management, Schmidt is relinquishing his executive chairman role. He was recruited from Novell Inc. when Google had just 200 employees; now it's a dominant global force in search, online advertising and video. Founders Larry Page and Sergey Brinin their 20s when Schmidt came aboardknow how to take it from here. And they have help from newer leaders like Google Chief Executive Officer Sundar Pichai, Chief Financial Offer Ruth Porat and cloud head Diane Greene. Schmidt, 62, will become a technical adviser to Alphabet while continuing to serve as a director, the company said Thursday in a statement. Alphabet expects the board to appoint a non-executive chairman. Continue reading at AdAge.com

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