Eric Schmidt to step down from Alphabet Board

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Alphabet announced that Eric Schmidt will not seek re-election at the company's 2019 annual general meeting in June. Schmidt served as Google's CEO from 2001 to 2011, and as its executive chairman from 2011 to 2018. Schmidt served 18 years in total with the company. Diane Greene, CEO of Google Cloud since 2015, will also leave the company's board in June while Gilead Sciences CFO Robin Washington will join the board as an independent director.

 

The Financial Times, Richard Walters, April 30th 2019