Google co-founder Page to become CEO in April

Published: 22/01/2011 05:00

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Google Inc. on Thursday announced
that co-founder Larry Page will take over the Internet search giant as the chief
executive officer (CEO) in April, in a move to simplify management structure and
speed up decision making.



File photo of Google co-founder Larry Page. (Xinhua/Reuters Photo)

In a blog post, the company’s
current CEO Eric Schmidt said that 37-year-old Page, who is now leading product
development and technology strategy, will take charge of Google’s day-to-day
operations as CEO from April 4.


Google was founded by Page and
Sergey Brin in 1998 while the two were graduate students at Stanford University.


Under the new management reshuffle,
Brin, whose title will be co-founder, will focus on strategic project, in
particular working on new products, and Schmidt will be an advisor to Page and
Brin as executive chairman.


“We are confident that this focus
will serve Google and our users well in the future. Larry, Sergey and I have
worked exceptionally closely together for over a decade — and we anticipate
working together for a long time to come,” Schmidt said.

“As friends, co-workers and computer
scientists we have a lot in common, most important of all a profound belief in
the potential for technology to make the world a better place,” he added.


Schmidt, 55, joined Google’s board
of directors as chairman in March 2001 and became CEO in August 2001 when
investors believed the company needed a more mature leader then.


VietNamNet/Xinhuanet

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