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• Eric Schmidt is Chairman and CEO of Google. He also sits on Princeton University's Board of Trustees. His net worth was estimated at over $6.6 billion in 2008. myDanwei: Eric Schmidt Stock Trade Records Schmidt lives in Atherton, California with his wife Wendy Schmidt.

  On August 3, 2009, Schmidt resigned from Apple's Board of Directors. He left because he had a conflict of interest in many of Apple's businesses, particularly Google's Android and Google Chrome OS competing with Apple's iPhone OS and Mac OS X. http://www.apple.com/pr/library/2009/08/03bod.html BusinessWeek is reporting that Schmidt accepted no salary or stock for his service on Apple's board. http://www.businessweek.com/technology/content/aug2009/tc2009086_636640.htm

• Fast Facts

  1. Born: April 27, 1955
  2. Birthplace: Washington, DC
  3. Bachelor's degree in electrical engineer from Princeton
  4. Master's and PhD degrees from University of California, Berkeley
  5. Previously CTO of Sun Microsystems and CEO of Novell
  6. Joint author of the lexical analyzer lex
  7. Former employee of Xerox's Palo Alto Research Center
  8. Named #1 on PC World's list of 50 Most Important People on the Web in 2007
  9. Ranked #129 on Forbes list of World's Richest People in 2006
  10. Supported Barack Obama during his campaign for the presidencyBizjournals: Obama taps Google boss for science panel (April 27, 2009)
  11. Appointed to President Obama's science and technology council in April 2009Bizjournals: Obama taps Google boss for science panel (April 27, 2009)
  12. Formerly a member of Apple's Board of Directors http://www.apple.com/pr/library/2009/08/...

• Professional Profile

  • Current Projects:
    • Chairman and CEO, Google
  • Past Projects:
    • Software Manager, Sun Microsystems
    • CEO, Novell
    • Board Member, Apple

• Science and Technology Council

  In April 2009, President Barack Obama created a special council to advise him on matters of science and technology. Google CEO Schmidt joined the council along with Microsoft chief research and strategy officer, Craig Mundie. Schmidt was a supporter of Barack Obama during his campaign for president.Bizjournals: Obama taps Google boss for science panel (April 27, 2009)

• 70/20/10 Model

  Eric Schmidt pioneered the 70/20/10 Model while at Google. The model is geared to cultivate innovation. It's made up for the follow directives:

  1. 70% of time should be dedicated to core business tasks
  2. 20% of time should be dedicated to projects related to the core business
  3. 10% of time should be dedicated to projects unrelated to the core business

• FTC Antitrust Announcement

  The Federal Trade Commission announced in May 2009 that they have launched a probe to determine whether or not having businessmen Eric Schmidt and Arthur Levinson serve on the boards of both Google and Apple violates the 1914 Clayton Antitrust Act which bars executive directors from serving on the boards of two competing companies.MarketWatch: Google, Apple boards probed by regulators (May 5, 2009) On August 3, 2009, Schmidt resigned from his position of Apple's board.

• Related Mahalo Pages

  Google | Sergey Brin | Larry Page | Apple | Novell | Sun Microsystems | Princeton University | University of California, Berkeley | Gmail | How to Become a Billionaire | Steve Jobs

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