Home RSS

Google co-founder Larry Page takes over as CEO from Eric Schmidt as 4th quarter profits soar

New York Daily News 01/20/2011 15:42
Google co-founder Larry Page (l.) is taking over as CEO from Eric Schmidt (r.). The company's most recent earnings figures were excellent.

Google co-founder Larry Page (l.) is taking over as CEO from Eric Schmidt (r.). The company's most recent earnings figures were excellent.


Google co-founder Larry Page is taking over as CEO in an unexpected shakeup that upstaged the Internet search leader's fourth-quarter profits - which, by the way, were great.



Page, 37, is reclaiming the top job from Eric Schmidt, who had been brought in as CEO a decade ago because Google's investors believed the company needed a more seasoned leader.

Schmidt, 55, who was reportedly feeling burned out by the CEO post, will become executive chairman and remain an adviser to Page and Sergey Brin, Google's other co-founder. Brin will focus on new products and strategic projects.

"In my clear opinion, Larry is ready to lead, and I'm excited about working with both him and Sergey for a long time to come," Schmidt said.


Source


Add your comment Send Print Report

Larry Page Technology Business Google Management Eric Schmidt

Home Page | Business | Technology
More From Business
Europe Markets Seen Rising Despite Tepid EU SummitMorgan Stanley, others make $100 million profit on Facebook trades: WSJFacebook sale glitch embarrassing, says NasdaqCash-strapped G8 looks to private sector in hunger fightCalifornia expects Facebook boostFacebook's Saverin says he's not dodging taxesGerman minister rules out new talks on Greek aidCentral Bankers Now Talking Publicly of Greek ExitSpain takes over bank to fight crisisMobile Growth May Negatively Affect Facebook RevenueNews Corp profit beats forecasts on cable, moviesFed’s Evans Says US Jobless Rate May RiseBank of America told Fed it could sell branches in emergency: sourceStandard & Poor's Cuts Credit Ratings for Nine Euro Zone NationsNY Fed mulls sale of $7 bln of AIG bonds-BloombergFuture Publishing sells New York operation for $3mUS seeking to 'close down' Iran central bankUK tabloid owner says hacking probe damaging newspapersDelta eyes American Airlines bidU.S. Debt Nears $15.194 Trillion Ceiling
Categories
Top Stories NYC News New York State National World News Business Sports Technology Law & Crime Arts & Entertainment New York City Guide Shopping Living in NYC Lifestyle Oddly Enough Travel Science & Health Education Real Estate Opinion Picture Of The Day Video
Newsletter
Get each new article from
New York

Your email:
Latest
No need to panic over new calcium heart attack research, say British Heart FoundationSupport for same-sex marriage hits high of 53%Yahoo unveils slick new 'search browser'The world's longest flightsShareholders sue Facebook, NYSE comes callingEurope Markets Seen Rising Despite Tepid EU Summit6 injured as fire crews battle blaze on nuclear-powered submarine at Maine shipyardDetailed, 'engaged' Iran nuclear talks enter 2nd dayEager Egyptians hold landmark presidential voteUN no longer 'fit for purpose' after Syria, says Amnesty
Embed in your website
Tags
Popular
New York cops bust 45 in 'Supreme Team' drug crackdownNew York Tattoo Convention lands at Roseland Ballroom with up to 200 artistsREVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for saleSenators take aim at Facebook co-founder, who will skip taxes by renouncing citizenshipNew York City Plans to Offer Buyouts to Idled TeachersBeastie Boys' Adam Yauch Honored by New York Senate$90M midtown penthouse tops mark for priciest New York City apartmentPopular Antibiotic May Raise Risk of Sudden DeathDonna Summer, Disco Queen, Dead at 63California expects Facebook boost
Comments
God help us get integrity back in our government..appalling! We his salary to preach this?! idiots Get out! I'M SICK OF THESE UNGRATEFUL EMPTY HEADS WITH SH-T FOR BRAINS hello people Georgia and Idiod congresscritters how stupid can one be? justice...
Weather
Click for New York, New York Forecast 
Special Offers
New York Luxury Hotel in Times Square Welcomes New Year's Eve Partiers With Celebrations and Accommodations The Benjamin Celebrates 10 Years of the Perfect Night's Sleep with Special Anniversary Package Introducing The Live Nation Club Passport: See Unlimited Club Shows for Remainder of 2009 Just $49.99, All-In, No Fees Alaska Airlines and Horizon Air Offer 'Mystery Discounts' It's Promotional Day from Boar's Head at Yankee Stadium Chick-fil-A Kicks Off 2009 College Football Season with FREE Chicken Sandwich Giveaway, Interactive Website for Fans Lady Of America Continues To Help Women Who Want To Exercise During Stressful Times Chong Hing Jewelers, an Authorized Dealer of Patek Philippe, Offers Free Sunglasses with Purchase Cross Country Automotive Services Offers 'Green' Fuel Card Program to Improve the Environment, Help Roadside Assistan... Maui's Newest Luxury Resort Offers Fall Special at 50% Off Rates
New York Maps

New York, NY
maps.google.com



New York Times
Police Arrest Pedro Hernandez in Killing of Etan Patz China’s Once-Hot Economy Is Turning Cold European Economic Outlook Dims Amid Leaders’ Impasse Iran Nuclear Talks End, Both Sides to Meet Again in Moscow in June Senate Backs Bill to Speed Drugs and Avert Shortages Political Memo: Bain Strategy Against Romney May Have Pitfalls for Obama Summer Gas Prices Expected to Be Modestly Lower Justices Uphold Retrials Even After Juries Reject Charges British Inquiry Questions Murdoch Lobbyist Former Red Sox Pitcher’s Gaming Company Lays Off Its Staff State Department Human Rights Report Released Egyptians Vote for Second Day in First Free Presidential Election Brother of Chen Guangcheng Escapes Guarded Village
Washington Post 
Washington Post
Japan begins grim relief mission with towns flooded, thousands reported missing Japanese nuclear plants' operator scrambles to avert meltdowns For autistic kids' parents, trial hits home Subterranean jail a sign of Gaddafi's grip Who will reach the Final Four?
USA Today 
USA Today
Motorists' summer outlook: Relief at gas pump 2 prosecutors suspended for misconduct in Ted Stevens trial Next round of Iran nuclear talks set for Moscow Stop prostate screening with PSA test? Not all doctors agree Resistance battles al-Qaeda-linked fighters in Yemen Unbound river to surge through Grand Canyon Senators seek review of inspector's work on drilling report Ky. tests find lead-tainted soil near homes Obama: GOP 'standing in way' of recovery AWOL Muslim soldier guilty in Fort Hood bomb plot
Wall Street Journal
Merger Turbulence Hits Fliers GE Bets on Brazilian Tycoon Batista Diller, TV Networks Headed for Showdown Ad-Skipping Device Heads to Court China Hits Back on Solar Tariffs Chesapeake to Pare Property in West Airbus Tables Output Increase Tiffany Sees Softer Demand Minister Expressed Support for BSkyB Bid Times-Picayune No Longer a Daily





CNN
Chinese activist Chen talks about freedom Opinion: Facebook IPO 'just a warning' Was IPO a bust? Man arrested in New York '79 Patz case Iranians chase pirates from U.S. ship Military fears cloud Egypt's historic vote U.N.: Syria more 'militarized' amid abuse Further Iran nuclear talks planned UK police visit Libya over 1984 slaying Amnesty: Leaders let protesters down
Associated Press
Man arrested in 1979 disappearance of NYC boy Patz Obama's 2008 magic past, Iowa all-out battleground Brotherhood claims lead as Egypt vote count begins Romney running mate search enters audition phase Food stamp fraud raising concerns in gov't offices Senate committee cuts Pakistan aid over conviction Doctors report rise in kids eating detergent packs Private supply ship flies by space station in test Tornado doesn't stop Kansas couple's wedding day Trainer O'Neill suspended by Calif. racing board
Reuters
Activist Chen urges China to prosecute "lawless officials" Senate panel backs $631 billion in defense spending EU urges Greece to stay in euro, plans for possible exit Obama campaign to target Romney's record as governor Brotherhood make claims as Egypt polls close Iran, big powers agree to hold more nuclear talks in June Facebook market makers' losses total at least $100 million Chesapeake plans to sell wells in Wyoming, Colorado Nuclear waste expert tapped as top U.S. nuclear regulator Lawmakers probe food contract for troops in Afghanistan
ABC News
Police Arrest NJ Man in Disappearance of Etan Patz Facebook Analysts: IPO Rules Need Help Fake Oral Sex Pic Outrages 'The View' Inside FAMU Drum Major's Hazing Obama Touts Clean Energy Agenda Edwards Jury Moves on to 2nd Donor Baby Saved by Smallest Artificial Heart Neil Armstrong on Hair-Raising Landing 25 Babies Possibly Exposed to TB Bank Error Sends Man on $70K Spree Man Pays $114K Student Loans in Cash Alleged Lego Scammer Sold 2,100 Boxes Casey Anthony Reportedly Spends Days Eating in Front of Computer Calcium Supplements a Heart Risk Photos: Rihanna's Racy Pose Brand New Facebook Camera App 'Idol' Winner to Get Kidney Surgery Photog Dons Pink Tutu for Cancer Elton John Hospitalized With Infection Photos: Kristen Stewart's Wacky Pants
CBS News
Man arrested in Etan Patz disappearance Ex-HS football star exonerated of rape Alaska braces for tsunami debris Facebook launches iPhone camera app Rich-poor divide at UN climate talks A promise of college fulfilled How Patz case changed U.S. on missing children Texas man gets 20 years for al Qaeda ties AWOL soldier found guilty in bomb plot Drug that Jackson OD'd on to be used in executions Problems at home? How to remain focused at work Coach loses post after taking team member to prom Elton John released from the hospital Forecasters predict normal hurricane season Watch: Beijing's "two fly" toilet rule What are the most dangerous websites? Ochocinco robbed of coveted gold Starbucks card Former "Idol" finalists get engaged during finale Birth control pills more likely to fail than IUDs Watch: Gabrielle Giffords awarded Medal of Valor
Fashion Report
No Heat Curls With Curlformers Essential Summer Hats 2012 Make-up For Pale Girls Inspired by Christina Hendricks Top Maxi Dresses Summer 2012 Easy Hair Ideas For Party Trekking and Walking Shoes For Active Girls Victoria's Secret Beach Sexy Bikini Collection ELLE’s June cover girl: Kristen Stewart Facebook founder's bride shines in Claire Pettibone wedding gown Trendy Summer Shoes
MSNBC
Arrest made in 1979 disappearance of Etan PatzA New Jersey man has been arrested and accused of murdering Etan Patz, the 6-year-old boy who vanished as he walked to the school bus from his home in New York City. New photos of alleged 9-11 plotter leaked from 'Gitmo'? Facebook investors could recoup losses in court More workers opt out of company health plansThe weak economy continues to have a harsh effect on workers’ access to health insurance -- not necessarily because workers aren’t offered it but because they can’t afford it. One in three mortgage holders still underwater To save historic buildings, a sweat equity deal In Egypt's elections, politics is a new family affairNBC News correspondent Ayman Mohyeldin witnesses a transformation as three generations of his family pile into a Hyundai hatchback and head off to the polling booth in Cairo. Road tripping? Most likely states for speeding tickets School plans condom giveaway for prom Edwards jury appears to settle in for long haulThe jury in the campaign finance corruption trial of former presidential candidate John Edwards signaled Thursday that it may not be near a verdict.