Google announced on Thursday afternoon that co-founder Larry Page will replace Eric Schmidt as Google’s CEO in April. The announcement marks the end of Schmidt’s nearly decade-long leadership; a period during which the small start up grew into one of the most powerful corporate organizations in the world. The announcement also preceded another prosperous fourth quarter earnings report. New Job Roles:
- Larry Page: Google’s co-founder will take over as CEO on April 4, 2011. To date, Page has been the president of products.
- Eric Schmidt: Schmidt will become Google’s executive chairman and focus on partnerships, government contracts and deals.
- Sergey Brin: Brin will remain co-founder and president of technology and strategic projects.