Google-parent Alphabet on Thursday announced that Eric Schmidt will step down as chairman, remaining on the board but shifting into a role as a technical advisor.
"In recent years, I've been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work," Schmidt said in a release.
Schmidt's stint as executive chairman is to end at a regularly scheduled board meeting next month, according to Alphabet.
source: AFP
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