Eric Schmidt in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin. Prior to the Google initial public offering, Schmidt had responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization. According to Google, Schmidt's job responsibilities included "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum." Upon being hired at Google, Eric Schmidt was paid a salary of $250,000
Eric Schmidt the parent company of The Groundwork. The Schmidt Family Foundation was established in 2006 by Wendy Schmidt and Eric Schmidt to address issues of sustainability and the responsible use of natural resources. Schmidt and his wife established the Eric & Wendy Schmidt Data Science for Social Good Fellowship, a University of Chicago summer school program for aspiring data scientists. The Schmidt Family Foundation's subsidiaries include ReMain Nantucket and the Marine Science and Technology Foundation; its main charitable program is the 11th Hour Project. The foundation has also awarded grants to the Natural Resources Defense Council and the Energy Foundation. The