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Eric Schmidt will leave Alphabet's board this June, after 18 years at his post. His departure comes a little over a year after Schmidt's resignation as Executive Chairman of Alphabet. Google is also involved in domestic unrest related to US military contracts, potential cases in China and cases of concealment of sexual misconduct.
Schmidt has been a key presence at Google during his years with the company. He first held a seat on the board of directors in 2001, when he was appointed CEO of Google, a role that was entrusted to him primarily to bring business expertise to what the founders from the company Larry Page and Sergey Brin had built. In 2011, he left the position of CEO to become executive chairman of Google. In early 2018, he left his position and became a regular member of the board of directors.
In a press release issued today, Alphabet announced that Mr. Schmidt would not request to be re – elected to the Board of Directors when his term of office expires on June 19. Alphabet says he will remain a "technical adviser" for the company, a role he has held since last year.
Schmidt said he would step down to help "the next generation of talent to serve." He added that he would be teaching more, working for his philanthropic organization, Schmidt Futures, and would use his role as a technical advisor to "train Alphabet and Google Enterprises / Technology." "
If Schmidt has undoubtedly played a key role in Google's success by becoming the giant it is today, its presence may have been less appreciated more recently. Just six months ago, Google was reviewed The New York Times reported sexual misconduct within the company. The report included details of a $ 150 million payout to the creator of Android Ruby in the middle of a sexual misconduct investigation. Schmidt was later named in a lawsuit accusing the company of concealing the harassment of several executives.
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