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,
Samuel J. Palmisano Samuel J. Palmisano Samuel J. Palmisano (born July 29, 1951) was president and the eighth chief executive officer of IBM until January 2012. He also served as Chairman of the company until October 1, 2012. Palmisano was appointed president and chief operating officer (COO) effective in October 2000. He was promoted to CEO in March 2002, while retaining the title of president, and named chairman effective January 1, 2003. Palmisano announced on October 25, 2011 that he was stepping aside as president and CEO. He was succeeded in these positions by Ginni Rometty. As of 2009 IBM was the largest