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
Jeff Jacobson (CEO) into effect, and Jacobson would stay on as CEO. On May 13, 2018, Xerox announced that Jacobson would indeed be stepping down to be replaced by John Visentin. Jacobson also gave up a severance package worth up to $18M, by resigning voluntarily, in exchange for immunity from civil lawsuits over the failed Fujifilm deal. Jacobson graduated from the State University of New York Buffalo. He also has a master's degree in Industrial Relations from the Cornell University School of Industrial Relations. Jacobson also gained a juris doctor degree from Pace University School of Law and was admitted to the bar