Schmidt resigning as exec chair at Google parent Alphabet

MENLO PARK, Calif. (AP) " Google's one-time "adult supervisor" is getting closer to retirement. Eric Schmidt, who took over as CEO in 2001 three years after investors demanded more mature leadership for the fast-growing tech giant, is stepping down as executive chairman of Google parent Alphabet in January.The 62-year-old billionaire will become a technical adviser and will continue to sit on the board of the company that was formed to contain Google and its sprawling so-called [...]


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