Alphabet’s Eric Schmidt Steps Down From Executive Chairman Role

After 17 years in senior leadership at the “Do No Evil” shop, Eric Schmidt is stepping down from his executive chairman role at the internet behemoth…
After ten years as CEO and seven as Executive Chairman, I can’t wait to dive into the latest in science, technology, and philanthropy. I look forward to working with Larry and Sergey on our future here at Alphabet. – Eric Schmidt (@ericschmidt) December 21, 2017
He will become a technical adviser to Google parent Alphabet, while continuing to serve on the board.
Full Alphabet Statement:

This post was published at Zero Hedge on Dec 21, 2017.