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Eric Schmidt Is Off The Board Of Google's Parent Company Alphabet

May 2. 2019

Eric Schmidt

In 2018, the MeToo movement successfully caused the ouster of Google CEO Eric Schmidt. He was accused of very sexually inappropriate conduct at the company that upset a number og Google's employees. Schmidt, who had been with the company since 2001, was forced to leave under the scandal.

This week it was announced Schmidt will be off the board of Google's parent company Alphabet as well, . Schmidt will step down next-month. Google has been experiencing sales declines in many of its business ventures that were previously successful and is struggling under internal turmoil that has the company in disarray.

STORY SOURCE

Former Google CEO Eric Schmidt will leave Alphabet’s board after 18 years

Apr 30, 2019, 5:24pm EDT - Eric Schmidt will depart Alphabet’s board this June, after holding a seat for 18 years. His departure comes just over a year after Schmidt stepped down from his role as Alphabet’s executive chairman — it also comes as Google struggles with internal turmoil over its involvement with US military contracts, potential business in China, and reported cover-ups of sexual misconduct.

Schmidt has been a key presence at Google during his time with the company. He initially took a board seat in 2001, when he was made CEO of Google — a role he was given essentially to lend business expertise to what company founders Larry Page and Sergey Brin had been building. In 2011, he left the CEO position and become Google’s executive chairman. At the beginning of 2018, he stepped down from that role and became a regular board member...

https://www.theverge.com

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