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
Kent Ertugrul Kent Ertugrul Kent Ertugrul was Interim Chairman of the Board and Chief Executive Officer (CEO) of Phorm Inc., a Delaware corporation. He resigned from the Phorm Corporation board on 15 July 2015. Ertugrul began his career in investment banking, working at J.P. Morgan, Credit Suisse First Boston and Morgan Stanley in London, helping to develop and distribute Inflation Linked Floating Rate Securities. Later, as Director and Chief Financial Officer, he oversaw the growth of Compass Technology as it became a leading PC-based voice mail company in the US. In 1991, Compass merged with California-based Octel Communications, which in turn was