Schmidt Family Foundation 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, with assets valued at $82 million. As of December 31, 2011, the foundation’s assets were valued at $178 million, which included $30.7 million in Google Class A stock. The foundation is focused on the application of new knowledge and innovation and advancement original research in science, energy, and biosphere
Joel Klein Cathie Black, chairman of Hearst Magazines and former president of "USA Today", on January 3, 2011. On July 6, 2011, Rupert Murdoch, chairman of the News Corporation and the company's CEO, announced that Joel Klein would "provide important oversight and guidance" in the internal investigation of phone hacking at "News of the World". Klein took over the investigation, with fellow director Viet D. Dinh, from News International UK Chief Executive, Rebekah Brooks, whose own involvement in the phone hacking scandal made her unable to continue as an impartial investigator. Since joining News Corp, Klein has recruited at least two other