Eric Schmidt, the former CEO of Google and one of the largest stakeholders in parent company Alphabet, will step down from Alphabet’s board in June.
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Alphabet’s directors were sued by shareholders for approving a $90-million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct.
When Diane Greene first joined Google in late 2015, her first task was to assemble the company’s disparate and often wayward cloud projects and whip them into a real business. Sales, marketing and engineering divisions