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
Stuart Gulliver then Group Chairman of HSBC, announced that he would step down, in order to accept the invitation of the UK Prime Minister to become Minister of State for Trade and Investment in January 2011. As a result of Stephen Green's decision to step down earlier than planned, Michael Geoghegan, the then Group CEO of HSBC, announced his retirement and Stuart Gulliver, who led HSBC's investment-banking division since 2006, was appointed as the new Group CEO of HSBC Holdings plc, effective 1 January 2011. He was also appointed the Chairman of The Hongkong and Shanghai Banking Corporation Limited, a wholly owned