Schmidt Family Foundation October 2011. It also supports the $1.5 million Wendy Schmidt Ocean Health X Prize for work on ocean acidification. In March 2013, the Foundation and the Ellen MacArthur Foundation launched the Schmidt-MacArthur Fellowship, a global fellowship program for developing the skills and innovative mindset needed for the circular economy. Schmidt Family Foundation The Schmidt Family Foundation is a private foundation created in 2006 by Eric Schmidt, the Executive Chairman of Google, and his wife Wendy Schmidt, to address issues pertaining to sustainability and the responsible use of natural resources. The foundation was established in 2006 by Eric and Wendy Schmidt,
Stuart Gulliver then Group Chairman of HSBC, announced that he would step down, in order to accept the invitation of the UK Prime Minister to become Minister of State for Trade and Investment in January 2011. As a result of Stephen Green's decision to step down earlier than planned, Michael Geoghegan, the then Group CEO of HSBC, announced his retirement and Stuart Gulliver, who led HSBC's investment-banking division since 2006, was appointed as the new Group CEO of HSBC Holdings plc, effective 1 January 2011. He was also appointed the Chairman of The Hongkong and Shanghai Banking Corporation Limited, a wholly owned