Eric Schmidt on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin. Schmidt is one of a few people who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders. In its 2011 'World's Billionaires' list, "Forbes" ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of $7 billion. On 20 January 2011, Google announced that Schmidt would step down as the CEO of Google but continue as the executive chairman of
Umpqua Holdings Corporation Davis became CEO and President of Umpqua Holdings in 1999. In 2007, Davis authored a book titled "Leading for Growth: How Umpqua Bank Got Cool and Created a Culture of Greatness". Cort O’Haver became President in April 2016, with Davis retaining the role of CEO. Davis stepped down as CEO in January 2017. O’Haver took over as CEO at that point while Davis became executive chair of the bank's board and continued to oversee Pivotus Ventures Inc. until his formal retirement, which was announced In late December 2017 and effective January 2, 2018. Umpqua Holdings Corporation Umpqua Holdings Corporation, d.b.a.