Larry Page using Android software and, by 2010, 17.2% of the handset market consisted of Android sales, overtaking Apple for the first time. Android became the world's most popular mobile operating system shortly afterward. Following a January 2011 announcement, Page officially became the chief executive of Google on April 4, 2011, while Schmidt stepped down to become executive chairman. By this time, Google had over $180 billion market capitalization and more than 24,000 employees. After Schmidt announced the end of his tenure as CEO on January 20, 2011, he jokingly tweeted on Twitter: "Adult-supervision no longer needed." Quartz organizational management reporter, Max
Oliver Schmidt (engineer) Detroit judge found Schmidt guilty and sentenced him to seven years in prison and fined him $400,000. Oliver Schmidt (engineer) Oliver Schmidt (born 1969) is an engineer and former Volkswagen AG executive, who in 2017 was sentenced to seven years of prison due to his involvement in the Volkswagen emissions scandal. After studying mechanical engineering in Hannover, Schmidt was employed by Volkswagen AG in Wolfsburg. At the age of 35 Schmidt was transferred to the USA, where he from 2012 oversaw VW's emissions office in Michigan. In January 2017 while returning to Germany from a vacation Schmidt was arrested in