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
Joseph Ianniello Ianniello signed a contract extension to June 30, 2022, a year longer than Chairman and CEO Les Moonves. This is significant because, according to the New York Post, Ianniello was being poised to succeed Moonves as CEO at some point in the future. That contract extension includes a $70 million payout if his employment were to end by way of a merger. On September 9, 2018, CBS Corporation announced Leslie Moonves would be stepping down as CEO and announced Joe Ianniello as President and acting CEO. When CBS made a bid to acquire Viacom, Leslie Moonvies wanted to have his