http://www.websitemagazine.com/content/blogs/posts/archive/tags/ceo/default.aspxTags: ceoenCommunityServer 2008 SP2 (Build: 31104.93)http://www.websitemagazine.com/content/blogs/posts/archive/2011/01/20/breaking-google-ceo-to-step-down.aspxThu, 20 Jan 2011 21:35:00 GMT1e469e21-c924-44fa-a132-47b5d0a8ad47:15888Mike Phillips1http://www.websitemagazine.com/content/blogs/posts/rsscomments.aspx?PostID=15888http://www.websitemagazine.com/content/blogs/posts/archive/2011/01/20/breaking-google-ceo-to-step-down.aspx#comments<hr /> <p><img src="http://www.websitemagazine.com/images/blog/g-mini.gif" style="float:left;margin:10px;" width="75" height="75" alt="" /> </p> <p>CNN.com is reporting that Google CEO Eric Schmidt will step down in April, to be replaced by Google co-founder Larry Page. Schmidt will remain on staff, however, as and advisor.<br /><br />&quot;We&#39;ve been talking about how best to simplify our management structure and speed up decision making for a long time,&quot; Schmidt said in a prepared statement. &quot;By clarifying our individual roles we&#39;ll create clearer responsibility and accountability at the top of the company.&quot;<br /><br />On Thursday, Google reported a fourth-quarter profit of $2.5 billion, up 29 percent from one year ago.</p> <div style="clear:both;"></div><img src="http://www.websitemagazine.com/content/aggbug.aspx?PostID=15888" width="1" height="1">googleceoeric schmidtlarry page