Google’s stock is exactly where it was in September 2007, and it has fallen 9 percent since Eric Schmidt announced in January that he’d be stepping down as CEO. The problem, investors say, is that for every reason to believe in Google, there seems to be a counterbalancing reason for concern. Get the full story »
Inside these posts: Larry Page
Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Outgoing Google CEO to take $335M with him
Google Chief Executive Eric Schmidt, who is stepping down in April, is planning to sell 534,000 shares in the company over the next year in a cash-out move that could be worth about $335 million.
Schmidt has been CEO at Google for the last decade. But in April he’ll be replaced by Larry Page, the company’s co-founder.
Word of Schmidt’s plan to sell a portion of his holdings in the Web search giant came in a regulatory filing alongside Google’s fourth-quarter earnings report, both submitted to the Securities and Exchange Commission.
Google reports strong earnings, new CEO
Google Inc. said Thursday that co-founder Larry Page will take charge of day-to-day operations as chief executive starting April 4.
Current CEO Eric Schmidt will become executive chairman. Get the full story »
