Eric Schmidt Stepping Down As Google CEO – Blancer.com Tutorials and projects

In a bit of a shocker, Eric Schmidt announced today that he would be stepping down from his CEO role at Google.

Why would someone at the helm of such a super power decide to step down? Simple, Larry and Sergei have grown up and are ready to lead Google. The company is as strong as ever. The stock price is up 32% in the last three months, the search end of the business is as strong as ever and in Q4 of 2010 the company made $8.4 billion in revenue.

Larry Page was once CEO, before Schmidt. In 2001, three years before going public Schmidt was named to the post. Wall Street dislikes young CEOSs and being only 29 at the time, Page wasn’t thought to be ready to lead Google. Schmidt was the perfect choice, a former computer scientist who made a name for himself while at Java, and was to later be CEO of Novell. During his his decade long tenure, Schmidt ran the company with Larry and Sergei at his side, never making a single decision with out them.

So now the Schmidt is gone and we may possibly never see Jobs back at Apple, will the two companies kiss and make up? You never know. One other possibility is Steve Jobs and Eric Schmidt getting together to start a new company. I know it’s a far stretch and I’m hoping that Job’s medical LOA isn’t anything serious, but together, no matter what they did, would be awesome.

Eric Schmidt Stepping Down As Google CEO originally appeared on tech.nocr.at on 2011/01/20.

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