Schmidt, CEO of Google
Schmidt (Google) and Bill Gates (Microsoft)
Emerson Schmidt (b. 1955 in Washington, D.C.)
is Chairman and CEO of Google Inc and a member
of the Board of Directors of Apple Inc. He also
sits on the Princeton University Board of Trustees.
He lives in Atherton, California with his wife
graduating from Yorktown High School (Virginia),
Schmidt attended Princeton University where he
earned a bachelor of science in electrical engineering.
He has also obtained a MS in 1979 and a PhD in
1982 in EECS from the University of California,
Berkeley. He was joint author of lex, a lexical
parser and an important tool for compiler construction
and taught at Stanford Business School as a part
Previous and current work
in his career, Schmidt held a series of technical
positions with ICT companies, including Bell Labs,
Zilog and Xerox’s famed Palo Alto Research
Center (PARC). He joined Sun Microsystems in 1983,
led its Java development efforts and rose to become
Chief Technology Officer. In 1997, he was appointed
CEO of Novell.
left Novell after the acquisition of Cambridge
Technology Partners. Google founders Larry Page
and Sergey Brin (with the assistance of executive
search firm Heidrick & Struggles, Inc.) recruited
Eric Schmidt to run their company in 2001 under
the influence of venture capitalists John Doerr
and Michael Moritz.
joined Google's board of directors as chairman
in March 2001 and became the company's CEO in
August 2001. At Google, Schmidt shares responsibility
for Google's daily operations with founders Page
and Brin. As indicated by page 29 of Google's
2004 S-1 Filing, Schmidt, Page, and Brin run Google
as a triumvirate. Schmidt possesses the legal
responsibilities typically assigned to the CEO
of a public company and focuses on management
of the vice presidents and the sales organization.
to Google's website, Schmidt also focuses on "building
the corporate infrastructure needed to maintain
Google's rapid growth as a company and on ensuring
that quality remains high while product development
cycle times are kept to a minimum."
is one of the few people who have become billionaires
(USD) based on stock options received as an employee
in a corporation of which neither he nor a relative
was the founder. "Earlier this year, he pulled
in almost $90 million from sales of Google stock
and made at least another $50 million selling
shares in the past two months as the stock leaped
to more than $300 a share." In its 2006 'World's
Richest People' list, Forbes ranked Schmidt as
the 129th richest person in the world (the ranking
was shared by Onsi Sawiris, Alexei Kuzmichov,
and Robert Rowling) with an estimated wealth of
was elected to Apple's board of directors on August
2007, Schmidt was cited by PC World as #1 on the
list of the 50 Most Important People on the Web,
along with Google co-Founders Larry Page and Sergey
Brin. He is also on the list of ARTnews 200 top
* Schmidt has visited Burning Man.
* He is a hobbyist aviator.
* Earned a salary of $1 in 2006. (Credit:
Man Australia does not represent Eric Schmidt