Schmidt Family Foundation Schmidt Family Foundation The Schmidt Family Foundation is a private foundation created in 2006 by Eric Schmidt, the Executive Chairman of Google, and his wife Wendy Schmidt, to address issues pertaining to sustainability and the responsible use of natural resources. The foundation was established in 2006 by Eric and Wendy Schmidt, with assets valued at $82 million. As of December 31, 2011, the foundation’s assets were valued at $178 million, which included $30.7 million in Google Class A stock. The foundation is focused on the application of new knowledge and innovation and advancement original research in science, energy, and biosphere
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