Google says co-founder Page to replace CEO

Google Inc said co-founder Larry Page will take charge of day-to-day operations as chief executive officer starting April 4.

January 21, 2011 / 10:04 IST

Google Inc said co-founder Larry Page will take charge of day-to-day operations as chief executive officer starting April 4.

Current CEO Eric Schmidt will assume the role of executive chairman.

Google also reported revenue of USD 8.44 billion in the fourth quarter, compared with USD 6.67 billion in the year-ago period.

Net revenue, excluding fees that Google paid to partner websites, was USD 6.37 billion. Analysts polled by Thomson Reuters I/B/E/S, on average, were expecting net revenue of USD 6.06 billion.

first published: Jan 21, 2011 08:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347