Eric Schmidt Out of Google!

Eric Schmidt Out of Google! This has This has to be one of the strangest trending keyword combinations to ever go volcanic on Google trends.

JP Morgan Hires Cravath Lawyer To Run M&A. (Bloomberg) Bloomie is reporting that JP Morgan has just hired attorney James Woolery, a partner at Cravath, to head its M&A unit.

Schmidt Out of Google! "Google Inc. said co-founder Larry Page will replace Eric Schmidt as chief executive, a surprise change atop the Internet giant.

Mr. Page will take charge of day-to-day operations as CEO starting April 4. Mr. Schmidt will become executive chairman of the company, focusing externally on partnerships and government outreach.

Google Profits Surge "The online search and advertising giant turned in a profit of $8.75 a share excluding one-time items, up from $6.79 a share in the same period a year earlier. Sales rose to $6.4 billion in the last 3 months of 2010 excluding traffic-acquisition costs (TAC), against $4.954 billion last year."

Biographical data on outgoing Google CEO Eric Schmidt

NAME: Eric Schmidt

AGE: 55

EDUCATION: Bachelor's degree from Princeton University, master's degree and Ph.D. from the University of California, Berkeley

PROFESSIONAL EXPERIENCE: Leaving his position as Google Inc. CEO — which he held since 2001 — in April to become executive chairman of its board. Before Google, he was CEO of Novell and, prior to that, chief technology officer at Sun Microsystems Inc.

NEW ROLE: As executive chairman, Schmidt will serve as adviser and handle broader tasks such as business deals and relationships and government outreach, as Google faces growing regulatory scrutiny in the U.S. and Europe.

NET WORTH: $5.45 billion, according to Forbes magazine.

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