Live: Eric Schmidt And Larry Page Talk About Google’s Q4 And Their New Roles
Find our live notes below (paraphrased):
ES: Thanks everyone for getting on our call. We jumped on to talk about the other announcement this afternoon. We had a very strong quarter and year. Our outlook is very bright. Larry, Sergey and I have spent a long time talking about how to run things. But we thought about how to run things even better. After discussions, we decided to change things. We’ve been doing it one way, but we think this way will be better. Larry will run things day-to-day, I’ll be elevated. And Sergey will do what he does best.
LP: I want toÂ congratulateÂ Eric. He’s done a great job this past decade. We’re all in great debt to him. The results speak for themselves. No one in the universe could have done what he’s done. I’ve learned so much from him. His role going forward will be invaluable. This is an incredible oppotunity. People thought when we started that we were too late. Too many other search engine, etc. We’re only at the beginning now.
SB: I’d like to mention that I’ve had a great time working with Larry now for 15 years and Eric for a decade. Both of them have inspired and moved me. I would like to work more on my personal passions. There will be several new products I’m working on. I’ve been accused of vaporware recently, so I won’t talk about them yet. But soon.
ES: Focus on more external issue. I believe Larry is ready. His ideas are interesting and clever. It’s time for him to have a shot at running this. A decade goes fast. I’m quite sure this partnership will continue. I don’t anticipate any material change. I do believe now we’ll execute even better.
Q: What about the New York purchase?
LP: It was more about the office space really. We appreciate the new tenants, but that wasn’t the main reason we bought it.
Q: Eric, you’ll be focusing on government outreach. Talk more about that.
- May 1, 2002: Larry Page And Eric Schmidt Talk About Google, The Future, And Their Dynamic
- Eric Schmidt Out, Larry Page In As Google CEO
- Big Bang At Google: Larry Page To Replace Eric Schmidt As CEO On April 4
- TechCrunch Interview With Eric Schmidt, Larry Page And Sergey Brin
- DLD11: Google’s Marissa Mayer On Eric Schmidt Stepping Down As CEO