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
Broadband Stakeholder Group Executive committee is: In addition to the Executive Committee, an advisory council meets 2–3 times per year to discuss industry developments. The advisory council is made up of senior representatives from the sponsor organisations. The BSG has had four independent chairs since its creation. Its first chairman was Keith Todd, a former ICL CEO, appointed by e-Commerce Minister Douglas Alexander, who was chairman from 2002 to 2005. Upon stepping down he was replaced by Philip Graf, former Trinity Media CEO. Graf was appointed Deputy Chairman of Ofcom at the end of 2005, and the BSG operated without a chairman until