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
Joel Klein Cathie Black, chairman of Hearst Magazines and former president of "USA Today", on January 3, 2011. On July 6, 2011, Rupert Murdoch, chairman of the News Corporation and the company's CEO, announced that Joel Klein would "provide important oversight and guidance" in the internal investigation of phone hacking at "News of the World". Klein took over the investigation, with fellow director Viet D. Dinh, from News International UK Chief Executive, Rebekah Brooks, whose own involvement in the phone hacking scandal made her unable to continue as an impartial investigator. Since joining News Corp, Klein has recruited at least two other