Google the Big Three: Larry Page (back), Schmidt (center), Sergey Brin (front)
Xinhua San Francisco 1 20 Xinhua 20, U.S. Google has announced that the company co-founder Larry Page will take over in April from chief executive Eric Schmidt. The company also announced the day of the performance of the previous quarter, relevant results than expected.
Google CEO Eric Schmidt is currently the company's official blog released news that 37-year-old Page, starting from April 4 to become the new CEO of Google, responsible for daily operations. Another co-founder Sergey Brin company will be responsible for new product development and other strategic projects. Schmidt said he will serve as executive chairman of the consultancy Page and Brin.
Schmidt said Google's latest management change is to simplify the management structure, speed decision-making process. In his view, / p>
Page in a statement praised Schmidt's performance and said he can not wait to start implementing the new mission.
1998 years, is still pursuing a doctoral degree from Stanford University Page and Brin founded Google Inc.. Because investors believe that Google needs more mature and experienced managers, Page and Brin found Schmidt, who became CEO in 2001. Term in the Schmidt and Google search engine advertising successfully established this new business model, and successfully listed in 2004, marking the Internet company's initial public offering was the financing of record.
Google CEO will be announced changed hands at the same time, the company also announced fourth quarter fiscal 2010 earnings. At the end of last December 31 in the quarter, its operating income and net profit of 84.4 billion U.S. dollars and 2.54 billion U.S. dollars over the previous year increased by 26% and 29%. Google deduction to partners this quarter's net operating income divided, and after earnings per share exceeded Wall Street analysts have expected.
(This article Source: Xinhua)
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