Google's ex-CEO gets $101M pay package in new job
SAN FRANCISCO -- Shifting from Google's CEO to executive chairman proved to be lucrative career move for Eric Schmidt....
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Google’s Stock Price Breaks $800 for 1st Time
(SAN FRANCISCO) — Google‘s stock price topped $800 for the first time Monday amid renewed confidence in the company’s ability to reap steadily higher profits from its dominance of Internet search and prominence in the increasingly important mobile device market. The milestone comes more than five years after Google’s shares initially barreled through $700. Not long after breaking that barrier in October 2007, the economy collapsed into the worst recession since World War II and Google’s stock tumbled into a prolonged malaise that eventually led to a change in leadership. Besides enriching Google’s employees and other shareholders, the company’s resurgent stock is an implicit endorsement of co-founder Larry Page. He replaced his managerial mentor, Eric Schmidt, as CEO in April 2011. Google’s stock has risen by about 35 percent since Page took over. The significance of crossing the $800 threshold is largely symbolic. If Google had its way, the stock wouldn’t even be priced ...
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Google's CEO Page "recovering," was in office: Schmidt
SAN FRANCISCO - Google Inc CEO Larry Page, absent from the Internet company's public events for weeks, is recovering from an unspecified ailment that caused him to lose his voice and was in the office on Monday, Executive Chairman Eric Schmidt said.
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Reuters
Google's Schmidt to sell roughly 42 percent of stake
SAN FRANCISCO - Google Inc Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company over the coming year, Google announced on Friday.
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Reuters
The Best Advice Sheryl Sandberg Received
In an ABC News/Yahoo! Newsmakers interview, Sheryl Sandberg, the chief operating officer of Facebook, said the best career advice she received was from former Google CEO Eric Schmidt. Sandberg had just received a job offer at Google with a title of Business Unit General Manager,...
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Groupon replaces CEO Andrew Mason, looks for new chief
SAN FRANCISCO - Groupon Inc replaced Andrew Mason as chief executive officer on Thursday, a day after posting dismal quarterly results, and appointed co-founder Eric Lefkofsky and board member Ted Leonsis as interim chief executives.
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Reuters