Larry Page is the New Google CEO, Eric Schmidt as Executive Chairman

Larry Page is the New Google CEO, Eric Schmidt as Executive Chairman

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Eric Schmidt, the current Chief Executive Officer of Google Inc., announced today that he will be transitioning as the company’s Executive Chairman starting April 4th, 2011.
Google’s founder Larry Page will seat then as Google CEO, while Sergey Brin will stay as the company’s Co-Founder.

From left to right – Eric, Larry and Sergey in a self-driving car photo

In his blog post,

Larry will now lead product development and technology strategy, his greatest strengths, and starting from April 4 he will take charge of our day-to-day operations as Google’s Chief Executive Officer. In this new role I know he will merge Google’s technology and business vision brilliantly. I am enormously proud of my last decade as CEO, and I am certain that the next 10 years under Larry will be even better! Larry, in my clear opinion, is ready to lead.

Sergey has decided to devote his time and energy to strategic projects, in particular working on new products. His title will be Co-Founder. He’s an innovator and entrepreneur to the core, and this role suits him perfectly.

As Executive Chairman, I will focus wherever I can add the greatest value: externally, on the deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership that are increasingly important given Google’s global reach; and internally as an advisor to Larry and Sergey.

With more than a decade in the Search industry, Google has revolutionized the way people use the internet. Since 2001, three years after the search giant was incorporated, Eric Schmidt played the role as Google CEO – leading the company to a place he never had imagined. While the company continues to grow, and innovates technological and advanced products and services for its users, they’ve decided to simplify the management structure of the company.

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. – Eric Schmidt added.

What do you think of the move? Will Google continue to dominate the search engine market? How about its mobile platform, Android; and its upcoming Chrome OS? Well, let’s just see.

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