Larry is back at the helm of Google today. I think this is a good move as the reigns are now back in the hands of the creative mind(s) that started it all. With a cooling off period for maturing and growth over, Larry should make an easy transition.
Google announced its fourth quarter earnings this afternoon, and with it the news that co-founder Larry Page is replacing Eric Schmidt as CEO of the company, effective April 4.
“We’ve been talking about how best to simplify our management structure and speed up decision making for a long time,” Schmidt said in the statement. “By clarifying our individual roles we’ll create clearer responsibility and accountability at the top of the company. In my clear opinion, Larry is ready to lead and I’m excited about working with both him and Sergey for a long time to come.”