CNN Money reports Eric Schmidt stepped down as Google CEO three days after Steve Jobs announced he was taking medical leave. Schmidt announced that he would hand over the CEO job to Google co-founder Larry Page.
Business Insider posts this as their chart of the day:
CNN reports that Schmidt will still be an executive chairman for the company after leaving his role in April, but he will be focusing on deals and partnerships, as well as acting as an advisor to the other two co-founders.
On Twitter Schmidt wrote:
Things seem to be positive though: Google has added more than 1,000 employees and now employs over 24 thousand people.