DLD11: Google's Marissa Mayer On Eric Schmidt Stepping Down As CEO

Monday, January 24th, 2011

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

In a panel on ‘Open Innovation’ at the DLD Conference, moderated by Fast Company’s Linda Tischler, Google’s Marissa Mayer was asked about Eric Schmidt‘s transition to a new role at the company, handing over the reins to co-founder Larry Page.

Mayer:

For a long time, Google has been run by a triumvirate, and last week we announced a reshuffling. It’s important to stress that roles have changed, but Larry, Eric and Sergey will continue to lead the company.

There’s been a lot of speculation about this in the press and beyond, but we’re genuinely excited about the changes. Let’s not forget Larry has been CEO of Google before.

Schmidt tweeted something amusing about the reshuffle, saying ‘adult supervision was no longer needed’. It was meant as a joke, but I’m personally really excited to see the more mature management side of Larry.

Larry’s passion has always been products, so he’ll be focused a lot on the technical part of the equation, and execution across the board.

(Other panel members included Beth Comstock, the CMO of GE, Kohei Nishiyama, founder of Elephant Design and Jens Martin Skibsted, partner of KiBiSi.)

Company: Google
Website: google.com
Launch Date: September 7, 1998
IPO: NASDAQ:GOOG

Google provides search and advertising services, which together aim to organize and monetize the world’s information. In addition to its dominant search engine, it offers a plethora of online tools and platforms including: Gmail, Maps and YouTube. Most of its Web-based products are free, funded by Google’s highly integrated online advertising platforms AdWords and AdSense. Google promotes the idea that advertising should be highly targeted and relevant to users thus providing them with a rich source of information....

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Person: Marissa Mayer
Companies: Google

As a VP at Google, Marissa Mayer leads the product management and engineering efforts of Google’s local, mobile, and contextual discovery products including Google Maps, Google Maps for Mobile, Local Search, Google Earth, Street View, Latitude and more. At 35 years old, she is also the youngest member of Google’s executive operating committee. During her 11 years at Google, Marissa has led product management and design efforts for Google web search, images, news, books, products, toolbar, and iGoogle....

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Google founders Larry Page and Sergey Brin recruited Eric Schmidt from Novell, where he led that company’s strategic planning, management and technology development as chairman and CEO. Since coming to Google, Eric has focused 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. Along with Larry and Sergey, Eric shares responsibility for Google’s day-to-day operations. Eric’s Novell...

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