Eric Schmidt Eric Schmidt Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer. He is known for being the Executive Chairman of Google from 2001 to 2015 and Alphabet Inc. from 2015 to 2017. In 2017, "Forbes" ranked Schmidt as the 119th-richest person in the world, with an estimated wealth of US$11.1 billion. As an intern at Bell Labs, Schmidt did a complete re-write of Lex, a software program to generate lexical analysers for the UNIX computer operating system. From 1997 to 2001, he was Chief Executive Officer (CEO) of Novell. From 2001 to 2011, Schmidt served
Executive compensation in the United States and Exchange Commission. Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 percent/year compared to corporate profit growth of 2.9 percent/year and per capita income growth of 3.1 percent. By 2006 CEOs made 400 times more than average workers—a gap 20 times bigger than it was in 1965. As a general rule, the larger the corporation the larger the CEO compensation package. The share of corporate income devoted to compensating the five highest-paid