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
Frank Stanton (executive) Center for Health Communication, with Dr. Jay Winsten as the incumbent. The philanthropic Stanton Foundation was created upon his death. On October 5, 2011 the Stanton Foundation awarded the Wikimedia Foundation $3.6 million, the foundation's largest-ever grant. Frank Stanton (executive) Frank Nicholas Stanton (March 20, 1908 – December 24, 2006) was an American broadcasting executive who served as the president of CBS between 1946 and 1971 and then as vice chairman until 1973. He also served as the chairman of the Rand Corporation from 1961 until 1967. Stanton was born March 20, 1908, in Muskegon, Michigan, to Helen Josephine Schmidt