Eric Schmidt home of Blacksburg, Virginia. This came on the heels of Schmidt making a two million dollar donation to Virginia Tech's College of Engineering. Schmidt’s philanthropy is the result of his long standing friendship with Virginia Tech's former president Paul Torgersen. His donation funded the Paul and Dorothea Torgersen Dean’s Chair in Engineering. 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
Education Management Corporation their students in campus-based programs in order to maintain federal loan eligibility. Former Apollo Education CEO Todd S. Nelson became Chief Executive Officer of EDMC in February 2007. On September 21, 2009, EDMC became a public company once again, raising $330 million ($ in dollars) on the NASDAQ while Goldman Sachs retained 40% ownership. In 2012, Edward West replaced Todd Nelson as CEO, while Nelson replaced McKernan as chairman. After the growth in student numbers in the late 2000s, EDMC’s enrollment declined from around 160,000 students in 2011 to approximately 130,000 students at the end of 2012. EDMC has attributed