Eric E. Schmidt



Dr. Eric Emerson Schmidt (born 1955) is Chairman and CEO of Google Inc.

Schmidt obtained a bachelor of science degree in electrical engineering from Princeton University, and an MS in 1979 and Ph.D. in 1982 in EECS from the University of California, Berkeley. He was a joint author of lex, an important tool for compiler writing.

Schmidt was a member of the research staff at the Computer Science Lab at Xerox Palo Alto Research Center (PARC), and held positions at Bell Laboratories and Zilog. In 1983, Schmidt joined Sun Microsystems as software manager. At Sun, he led the development of Java, Sun's platform-independent programming technology, and defined Sun's Internet software strategy; he later became chief technology officer and corporate executive officer.

From 1997 to 2001, Schmidt was CEO of Novell. He left Novell after its acquisition of Cambridge Technology Partners. Google founders Larry Page and Sergey Brin recruited Eric Schmidt to run their company in 2001 under pressure from venture capitalists John Doerr and Michael Moritz.

Schmidt joined Google's board of directors as chairman in March 2001, and became the company's CEO in August 2001. At Google, Schmidt shares responsibility for Google's day-to-day operations with founders Page and Brin. As indicated by page 29 of Google's S-1 Filing, Schmidt, Page, and Brin run Google as a triumvirate. Schmidt does possess the legal responsibilities that are typically assigned to the CEO of a public company, and focuses on management of the vice presidents and the sales organization.

Schmidt also focuses on "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while product development cycle times are kept to a minimum."

Schmidt is one of the first people ever to become a billionaire (in U.S. dollars) based on stock options received as an employee in a corporation of which neither he nor a relative was the founder (Steven Ballmer, CEO of Microsoft is the first to accomplish this). In its 2006 "World's Richest People" ranking, Forbes magazine ranked Schmidt as the 129th richest person (ranking shared with three other people) in the world, with an estimated wealth of $4.8 billion.Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, with no Front-Cover Texts, and with no Back-Cover Texts.
Virtual Magic is a human knowledge database blog. Text Based On Information From Wikipedia, Under The GNU Free Documentation License. Copyright (c) 2007 Virtual Magic. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.1 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts and no Back-Cover Texts. A copy of the license is included in the section entitled "GNU Free Documentation License".

Links to this post:

Create a Link

<< Home