News: Former Google CEO Eric Schmidt stepping down from Alphabet board

#Corporate

Former Google CEO Eric Schmidt stepping down from Alphabet board

Alphabet also announced it has appointed Robin L. Washington to its Board of Directors.
Former Google CEO Eric Schmidt stepping down from Alphabet board

After over 18 years on the Board, Eric Schmidt is not seeking re-election at the expiration of his current term on June 19, 2019. He will continue as a technical advisor to Alphabet. Eric has served as a member of the Board since March 2001. He was Google’s Chief Executive Officer from July 2001 to April 2011, and its Executive Chairman from April 2011 until January 2018.

“Eric has made an extraordinary contribution to Google and Alphabet as CEO, Chairman, and Board member. We are extremely grateful for his guidance and leadership over many years,” John Hennessy, Chairman of the Board of Directors, Alphabet said.

Alphabet also announced it has appointed Robin L. Washington to its Board of Directors. Washington is a recognized business leader with extensive experience across finance and operations, and will serve on Alphabet’s Leadership Development and Compensation Committee. Her appointment became effective on April 25.

“I’m honored to join Alphabet’s Board, and I look forward to the opportunity to help guide the company’s important work," said Robin Washington. "I'm excited to be part of a company that has such a tremendous opportunity to improve the lives of people around the world,” Robin  said.

Hennessy said: “Robin’s incredible business and leadership experience will be hugely valuable to our Board and company in the years ahead.”

Diane Greene, who has served as a member of the Board since January 2012, is not seeking re-election to the Board at the expiration of her current term on June 19, 2019. Diane also served as CEO of Google Cloud from December 2015 to January 2019.

“I want to thank Diane for her years of tremendous service to our Board and company, in particular for her work in leading Google’s rapidly growing cloud business,” Hennessy said.

Topics: #Corporate, C-Suite

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