Eric Schmidt in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin. Prior to the Google initial public offering, Schmidt had responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization. According to Google, Schmidt's job responsibilities included "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum." Upon being hired at Google, Eric Schmidt was paid a salary of $250,000
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