Management changes are planned at Google. Internet giant says co-founder Larry Page will replace CEO Eric Schmidt. Under the leadership of Eric Schmidt, Google has grown as one of the worlds largest web company. Mr. Schmidt, will continue with as the executive chairman helping the Google founders in various strategic areas. The power shift happen on April 4, 2011. The computer scientist was Google’s founding CEO before handing the reins to Mr. Schmidt in August 2001.
This year seems to be not good for tech CEO’s as well as top management professionals. Last week the apple CEO has announced a sick leave handing over the day to day responsibilities to the COO. Previously, the Microsoft CEO announced some major changes at the server division of Microsoft including replacing the head of the server division.
Looks like top companies are on look out for younger generation top management. Especially on the web based business like Google and various cloud platforms.