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
Samuel J. Palmisano Samuel J. Palmisano Samuel J. Palmisano (born July 29, 1951) was president and the eighth chief executive officer of IBM until January 2012. He also served as Chairman of the company until October 1, 2012. Palmisano was appointed president and chief operating officer (COO) effective in October 2000. He was promoted to CEO in March 2002, while retaining the title of president, and named chairman effective January 1, 2003. Palmisano announced on October 25, 2011 that he was stepping aside as president and CEO. He was succeeded in these positions by Ginni Rometty. As of 2009 IBM was the largest