SAN FRANCISCO: Google’s parent company Alphabet on Thursday announced that Eric Schmidt will step down as chairman, remaining on the board but shifting into a role as a technical advisor. Schmidt, Page, and Brin were considered a power triumvirate in control of Google. Page replaced Schmidt as chief executive a decade later, but Schmidt remained at the head of the board of directors. “Eric has provided us with business and engineering expertise and a clear vision about the future of technology,” Alphabet chief Page said in a release. Eric Schmidt went from being executive chairman at Google to having the same role at Alphabet.

Source: New Strait Times December 21, 2017 23:03 UTC