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
VF Corporation 1986, effectively doubling the size of VF and making it the largest publicly held clothing company. In 1998, VF moved its headquarters from Wyomissing, Pennsylvania to Greensboro, North Carolina to be closer to more of its operations. The company sold its "Vanity Fair" lingerie business to Fruit of the Loom for $350 million in cash on January 23, 2007. On February 28, 2007, VF Corporation acquired Majestic Athletic. On July 26, 2007, VF Corporation announced the purchase of 7 for all Mankind and Lucy Activewear for a combined $885 million. Eric C. Wiseman became President, CEO, and Chairman in 2008.