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
Tom Coughlin (Walmart executive) January 2001, Coughlin was elected to the board of directors for ChoicePoint, a publicly traded data aggregation firm. That same year, he was elected to the Walmart board of directors. In August 2002, he was also given the title of CEO for Sam's Club USA. The following April, he became executive vice president and vice chairman of Wal-Mart Stores, Inc. On December 6, 2004, Walmart announced that Coughlin would retire effective January 24, 2005. When Coughlin's retirement was announced, Walmart praised Coughlin for his longtime success at the corporation. Walmart CEO Lee Scott said in a company-issued press release, "Tom