Eric Schmidt will leave the Alphabet meeting this June, after taking a seat for 18 years. His departure comes just over a year after Schmidt resigned as CEO of Alphabet, and also as Google battles internal turbulence over its participation in US military contracts. UU., Potential business in China and reports of cover ups of sexual misconduct.
Schmidt has been a key presence at Google during his time at the company. Initially, he held a position on the board of directors in 2001, when he was named CEO of Google, a function that was essentially granted to provide commercial experience to what the founders of the company Larry Page and Sergey Brin had been developing. In 2011, he left the position of CEO and became the CEO of Google. In early 2018, he retired from that position and became a regular member of the board.
In a press release today, Alphabet announced that Schmidt would not seek re-election at the end of his term on June 19. Alphabet says he will remain a "technical adviser" to the company, a role he has played since last year.
Schmidt said he would step down to help "the next generation of talents to serve." he would be teaching more, working in his philanthropic organization, Schmidt Futures, and using his role as technical advisor to "train Alphabet and Google business / tech".
While Schmidt certainly played a key role for Google to become the giant. Today, his presence may have been less appreciated more recently. Just six months ago, Google was subjected to scrutiny when The New York Times reported on sexual misconduct within the company. The report included details of a payment of $ 150 million to the creator of Android Andy Rubin in the middle of an investigation of sexual misconduct. Schmidt was named later in a lawsuit accusing the company of covering up harassment by multiple executives.