Eric Schmidt on its list of the 50 most important people on the Web, along with Google co-founders Page and Brin. Schmidt is one of a few people who became billionaires (in United States dollars) based on stock options received as employees in corporations of which they were neither the founders nor relatives of the founders. In its 2011 'World's Billionaires' list, "Forbes" ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of $7 billion. On 20 January 2011, Google announced that Schmidt would step down as the CEO of Google but continue as the executive chairman of
Herb Pardes John J. Mack, chairman of the board of trustees, New York-Presbyterian Hospital, informed staff "that Dr. Herb Pardes has decided to retire at the end of 2011 as our President and Chief Executive Officer … While Dr. Pardes is stepping down as CEO at the end of 2011, the intention is that he will continue to play a vital role at the hospital beyond that time." In 2014, the Brain & Behavior Research Foundation announced a new Pardes Humanitarian Prize in Mental Health would be named in honor of Dr. Pardes for his profound impact on the lives of people