Eric Schmidt stepping down as chairman of Alphabet board
62-year-old's stint as executive chairman of Google's parent company to end next month; he had joined the company 17 years ago
San Francisco
GOOGLE'S parent company Alphabet on Thursday announced that Eric Schmidt will step down as chairman, remaining on the board but shifting into a role as a technical adviser.
"In recent years, I've been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work," Mr Schmidt said in a release.
The 62-year-old's stint as executive chairman is to end at a regularly-scheduled board meeting next month, according to Alphabet.
Google founders Larry Page and Sergey Brin recruited the proven businessman and skilled software engineer as chief executive in 2001, bringing a mature hand to the helm of the then three-year-old Intern…
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