Eric Schmidt the company and act as an adviser to co-founders Page and Brin. Google gave him a $100 million equity award in 2011 when he stepped down as CEO. On 4 April 2011, Page replaced Schmidt as the CEO. On December 21, 2017, Schmidt announced he would be stepping down as the executive chairman of Alphabet. While working at Google, Schmidt was involved in activities that later became the subject of the High-Tech Employee Antitrust Litigation case that resulted in a settlement of $415 million paid by Adobe, Apple, Google and Intel to employees. In one incident, after receiving a complaint
Howard Schmidt be stepping down as the White House's CyberSecurity Coordinator at the end of the month, citing a desire to focus on family and pursue teaching in the cyber field. He was replaced by Michael Daniel, chief of the White House budget office's intelligence branch. Schmidt also had an active career in private industry and professional organizations. In 1997, Schmidt joined Microsoft, as the director of information security, chief information security officer (CISO), and chief security officer (CSO). He was the co-founder of the Trustworthy Computing Security Strategies Group. Schmidt served on the Executive Committee of the Information Technology Sector Coordination