Who’s feeling lucky enough to replace him? Eric Schmidt is leaving his role as executive chairman for Alphabet, Google’s parent company, though he’ll remain on the board and serve as a technical adviser. Alphabet also owns YouTube, Nest and Waymo. Google was founded in 1998 and Schmidt joined as CEO in 2001, moving to head of Alphabet when the company was restructured in 2015. Aside from Schmidt saying “the time is right,” little’s been said about the reason for the change. Alphabet’s expected to replace him with a non-executive chair.

Sourced through Scoop.it from: www.ozy.com