Schmidt at the 2011 G8 Summit
|Born||Eric Emerson Schmidt
April 27, 1955
Washington, D.C., U.S.
|Education||Princeton University (B.S. degree)
UC Berkeley (M.S., Ph.D. degrees)
|Occupation||Software engineer and businessman|
|Salary||US$1.25 million (2012)|
|Net worth||US$8.2 billion (2013); the 138th-richest person in the world|
|Title||Executive Chairman of Google|
|Spouse(s)||Wendy Boyl (1980–2011, separated)|
|Children||2 daughters (Sophie and Allison)|
|Parents||Eleanor and Wilson Schmidt|
|Google.com — Eric Schmidt|
Eric Emerson Schmidt (born April 27, 1955) is an American software engineer, businessman, and the executive chairman of Google. In 2013, Forbes ranked Schmidt as the 138th-richest person in the world, with an estimated wealth of $8.2 billion.
Early in his career, Schmidt co-authored the Lex analysis software program for the Unix computer operating system. From 1997 to 2001, he was chief executive officer of Novell. From 2001 to 2011, he served as the CEO of Google.
Eric Emerson Schmidt was born in Washington, D.C.; some sources state Falls Church, Virginia. He was one of three sons of Eleanor, who had a master's degree in psychology, and Wilson Schmidt, a German-American professor of international economics at the Johns Hopkins University, who worked at the U.S. Treasury Department during the Nixon Administration. He grew up in Blacksburg, Virginia, and Falls Church, Virginia.
Schmidt graduated from Yorktown High School in Arlington, Virginia, in 1972, after earning eight letters in long-distance running. He then attended Princeton University, where he started as an architecture major but then switched and earned a B.S. degree in electrical engineering in 1976. From 1976 to 1980, Schmidt stayed at the International House Berkeley, where he met his future wife, Wendy Boyle. In 1979, at the University of California, Berkeley, Schmidt then earned an M.S. degree for designing and implementing a network linking the campus computer center with the CS and EECS departments. There, he also earned a Ph.D. degree in 1982 in EECS, with a dissertation about the problems of managing distributed software development and tools for solving these problems. He was joint author during his summers at Bell Labs of Lex  (a software lexical analyzer and an important tool for compiler construction). He taught at the Stanford Graduate School of Business in the 2000s as a lecturer in strategic management.
In June 1980, Schmidt married Wendy Susan Boyle (born in Short Hills, New Jersey, in 1957) and separated in 2011.  They lived in Atherton, California, in the 1990s and have two daughters, Sophie and Allison. That year, Schmidt dated Lisa Shields, a communications executive for the Council on Foreign Relations.
Early career 
Early in his career, Schmidt held a series of technical positions with IT companies including Byzromotti Design, Bell Labs (in research and development), Zilog, and Xerox’s Palo Alto Research Center (PARC).
From Sun to Google 
Schmidt joined Sun Microsystems in 1983 as its first software manager. He rose to become director of software engineering, vice president and general manager of the software products division, vice president of the general systems group, and president of Sun Technology Enterprises.
During his time at Sun, he was the recipient of two notable April Fool's Day pranks. In the first, his office was taken apart and rebuilt on a platform in the middle of a pond complete with a working phone. The next year, a working Volkswagen Beetle was taken apart and re-assembled in his office.
Google founders Larry Page and Sergey Brin interviewed Schmidt. Impressed by him, they recruited Schmidt to run their company in 2001 under the guidance of venture capitalists John Doerr and Michael Moritz.
Schmidt joined Google's board of directors as chairman in March 2001 and became the company's CEO in August 2001. At Google, Schmidt shared responsibility for Google's daily operations with founders Page and Brin. As indicated by Google's 2004 S-1 filing, Schmidt, Page, and Brin ran Google as a triumvirate. Schmidt had legal responsibilities typically assigned to the CEO of a public company and focused on the management of the vice presidents and the sales organization.
According to Google's website, Schmidt also focuses on "building the corporate infrastructure needed to maintain Google's rapid growth as a company and on ensuring that quality remains high while the product development cycle times are kept to a minimum."
On January 20, 2011, Google announced that Schmidt would step down as the CEO of Google but continue as the executive chairman of the company and act as an adviser to co-founders Page and Brin. Page replaced Schmidt as the CEO on April 4, 2011.
Schmidt was elected to Apple's board of directors on August 28, 2006. On August 3, 2009, it was announced that Schmidt would resign from the board of directors at Apple due to conflicts of interest amid the growing competition between Google and Apple.
Innovation Endeavors 
Founded in 2010 by Schmidt and Dror Berman, Innovation Endeavors is an early-stage venture fund purports to focus on advancing the world by providing high-impact entrepreneurs with the capital, coaching, and networking to build game-changing ventures. The fund, based in Palo Alto, California, has invested in more than 30 companies around the world in various industries such as Mashape, Uber (company), Quixey, Gogobot, and BillGuard. 
President Barack Obama 
Schmidt was a campaign advisor and major donor to Barack Obama. And when he announced he was leaving that perch, he planned to remain at the forefront of Google’s government relations team. Obama has considered him for Commerce Secretary. Schmidt was an informal advisor to the Obama presidential campaign and began campaigning the week of October 19, 2008, on behalf of the candidate. He was mentioned as a possible candidate for the chief technology officer position, which Obama created in his administration. After Obama won, Schmidt became a member of President Obama's transition advisory board. He proposed that the easiest way to solve all of the problems of the United States at once, at least in domestic policies, is by a stimulus program that rewards renewable energy and, over time, attempts to replace fossil fuels with renewable energy. He has since become a new member of the President's Council of Advisors on Science and Technology PCAST.
New America Foundation 
The New America Foundation is a non-profit public-policy institute and think tank, founded in 1999. Schmidt is its current chairman of the board of directors. He succeeded founding chairman James Fallows in 2008.
Upon being hired at Google, Eric Schmidt was paid a salary of US$250,000 and an annual performance bonus. He was granted 14,331,703 shares of Class B common stock at 30 US cents per share and 426,892 shares of Series C preferred stock at purchase price of US$2.34.
Schmidt and the Google founders agreed to a base salary of US$1 in 2004 (which continued through 2010) with other compensation of US$557,465 in 2006, US$508,763 in 2008, and US$243,661 in 2009. He did not receive any additional stock or options in 2009 or 2010. Most of his compensation was for "personal security" and charters of private aircraft.
Schmidt is one of few people, who became billionaires (in United States dollars) based on stock options received as an employee in a corporation of which he was neither the founder nor a relative of the founder. In its 2011 'World's Billionaires' list, Forbes ranked Schmidt as the 136th-richest person in the world, with an estimated wealth of US$7 billion. Google gave him a US$100 million equity award in 2011 when he stepped down as CEO.
According to insider transaction data available at Yahoo Finance, Schmidt sold Google Stock worth more than $6 billion in January to May 2013.
During an interview aired on December 3, 2009, on the CNBC documentary "Inside the Mind of Google," Schmidt was asked, "People are treating Google like their most trusted friend. Should they be?" He replied: "I think judgment matters. If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place. But if you really need that kind of privacy, the reality is that search engines, including Google, do retain this information for some time. And it’s important, for example, that we are all subject in the United States to the Patriot Act. It is possible that that information could be made available to the authorities."
At the Techonomy conference on August 4, 2010, Schmidt expressed that technology is good. And he said that the only way to manage the challenges is "much greater transparency and no anonymity." Schmidt also stated that in an era of asymmetric threats, "true anonymity is too dangerous."
Network neutrality 
In August 2010, Schmidt clarified his company's views on network neutrality: "I want to be clear what we mean by Net neutrality: What we mean is if you have one data type like video, you don't discriminate against one person's video in favor of another. But it's okay to discriminate across different types. So you could prioritize voice over video. And there is general agreement with Verizon and Google on that issue."
The Schmidt Family Foundation 
The Schmidt Family Foundation was established in 2006 by Schmidt and his wife Wendy to address issues of sustainability and the responsible use of natural resources. The Schmidts, working with Heart Howerton, a San Francisco architectural firm that specializes in large-scale land use, have inaugurated several projects on the island of Nantucket that seek to sustain the unique character of the island and to minimize the impact of seasonal visitation on the island's core community. Ms. Schmidt offered the prize purse of the Wendy Schmidt Oil Cleanup X CHALLENGE, a challenge award for the efficient capturing of crude oil from seawater motivated by the Deepwater Horizon oil spill.
Outside interests 
Eric Schmidt was on the list of ARTnews's 200 top art collectors in 2008. He is also a member of the Bilderberg Group and attended the Swiss 2011 Bilderberg conference in St. Moritz, Switzerland.
Influence of Internet usage in North Korea 
In January 2013, Schmidt used Uri Tours to visit North Korea; one of the only companies in America that provides tours to North Korea. The trip was highly publicized and controversial due to the ongoing tension between North Korea and America. Several media outlets including Tumblr, a high-profile social-blogging site, featured a page called “Eric Schmidt looking at things” that parodied sites (themselves parodies) featuring the country’s leaders earnestly inspecting livestock, soldiers, or leather insoles. (Mr. Schmidt is shown looking intently at computer screens, “the back of a North Korean Student.”).
See also 
- Reuters (April 21, 2012). "Google ex-CEO Eric Schmidt's salary rises to $1.25 million from US$1". The Times of India (San Francisco). Retrieved April 21, 2012.
- "Eric Schmidt". Forbes. December 1, 2011. Retrieved December 1, 2011.
- Schmidt "Google’s view on the future of business: An interview with CEO Eric Schmidt ". The McKinsey Quarterly. Retrieved January 26, 2009.
- "Dr. Eric Schmidt Resigns from Apple’s Board of Directors". Apple Inc. August 3, 2009. Retrieved June 15, 2011. Unknown parameter
- april13_commencement.shtml "April 13: Google Chairman, CEO Eric Eric Schmidt To Give Keynote Address at Carnegie Mellon Commencement, May 17". Carnegie Mellon University. Retrieved March 21, 2010.
- princeton.edu. princeton.edu (July 11, 2011). Retrieved on September 27, 2012.
- Tim Walker (December 14, 2012). "Eric Schmidt: Is the executive chairman of Google really the arrogant defender of tax avoidance that his critics claim?". The Independent. Retrieved December 30, 2012.
- Ken Auletta. Googled: The End of the World As We Know It. Retrieved December 17, 2012.
- Tim Walker. "Is the executive chairman of Google really the arrogant defender of tax avoidance that his critics claim?". The Independent. Retrieved December 17, 2012.
- Corona Brezina (July 15, 2012). Sergey Brin, Larry Page, Eric Schmidt, and Google. Retrieved December 30, 2012.
- Hart, Kim (June 9, 2008). "Google News, or Lack Thereof". washingtonpost.com. Retrieved December 19, 2012.
- McCaffrey, Scott (May 15, 2008). "New Inductees Named to Yorktown Hall of Fame". Sun Gazette
- "HOF – Eric Schmidt". Yorktownalums.org. Retrieved December 19, 2012.
- Ken Auletta. Googled: The End of the World As We Know It. Retrieved December 30, 2012.
- Wolff, Josephine (February 6, 2007). "University Library joins Google Book Search". The Daily Princetonian. Retrieved May 28, 2008.
- Eric Schmidt (1979). "The Berkeley Network – A Retrospective". Computer Science Division, Department of Electrical Engineering and Computer Science, University of California, Berkeley. Retrieved June 14, 2011
- Schmidt, Eric (1982). Controlling Large Software Development in a Distributed Environment (PhD thesis). University of California, Berkeley. http://search.proquest.com/docview/303230196/.
- Schmidt.shtml "Stanford". Stanford Graduate School of Business. Retrieved January 26, 2009.[dead link]
- "Duffie, Schmidt Named a fellow of the Academy of Arts and Sciences". Stanford Graduate School of Business. May 1, 2007. Retrieved December 19, 2012.
- Dave Murphy (March 1, 2009). "Google’s Schmidt: 2009 is a Good Year to be a New Graduate". Stanford Graduate School of Business. Retrieved December 19, 2012.
- "Married Eric Schmidt dating concert pianist Chau-Giang Nguyen". New York Post. September 3, 2012. Retrieved December 17, 2012.
- "Loose Ends: Presidential performance". Almanac News. October 6, 1999. Retrieved November 10, 2011.
- "Married Google chairman Eric Schmidt spending time with attractive 45-year-old brunette Lisa Shields". New York Post. July 28, 2011.
- "Brian Grazer’s ex-fiancee still sports his diamond ring". New York Post. September 29, 2012. Retrieved December 17, 2012.
- "Dr. Eric Schmidt Appointed Chairman of the Board and Chief Executive Officer of Novell, Inc.". News release (Sun Microsystems). March 18, 1998. Archived from the original on May 22, 2008. Retrieved June 14, 2011.
- "CEO Eric Eric Schmidt stood out because he 'was the only candidate who had been to Burning Man.'" From "Markoff and Zachary on Google"; quoted are John Markoff and Gregg Zachary. See also Business Week's "Eric Eric Schmidt, Google" from September 29, 2003: "One of the first orders of business was joining his new 20-something colleagues at Burning Man, a free-form festival of artistic self-expression held in a Nevada desert lake bed. Sitting in his office shortly after his return, tanned and slightly weary, Eric Schmidt couldn't have been happier. "They're keeping me young," he declared."
- "Amendment No. 9 to Form S-1 Registration Statement Under The [[Securities Act of 1933]]". United States Securities and Exchange Commission. August 18, 2004. p. 29. Wikilink embedded in URL title (help)
- "Google Management: Eric Schmidt, Executive". Google Inc. Retrieved June 14, 2011.
- Null, Christopher. "The 50 Most Important People on the Web". PC World. March 5, 2007. Retrieved on March 5, 2007.
- The Market's Best Managers – Forbes.com, Forbes.com
- Brendan Wood International Announces 24 TopGun CEOs in the US, Reuters.com
- "Larry Page is officially Google CEO again". Silicon Valley / San Jose Business. April 4, 2011. Retrieved June 14, 2011.
- "Google gets look at NKorean internet". 3 News NZ. January 9, 2013.
- irk, Donald (February 4, 2013). "A quiet envoy to the hermit kingdom of North Korea". Christian Science Monitor. Retrieved February 4, 2013. More than one of
- "Google CEO Dr. Eric Schmidt Joins Apple's Board of Directors". Press release (Apple Inc.). August 29, 2006. Retrieved June 15, 2011.
- Eric Schmidt’s Newest VC Fund. Business Week (July 28, 2011). Retrieved on September 27, 2012.
- Carney, Timothy (April 2, 2011) Google not proud of its politicking, Washington Examiner
- Langley, Monica; Jessica E. Vascellaro (October 20, 208). "Google CEO Backs Obama". The Wall Street Journal. Retrieved October 20, 2008.
- Mary Anne Ostrom (October 21, 2008). "Google CEO Eric Schmidt to stump for Obama". San Jose Mercury News. Retrieved June 15, 2011.
- "Gore/Alliance for Climate Protection: All-In for Plug-Ins". Calcars.org. Retrieved March 21, 2010.
- Membership list of PCAST. Whitehouse.gov. Retrieved on September 27, 2012.
- New America Foundation, Board of Directors, accessed May 11, 2010]
- Ken Auletta (2011). Googled: The End of the World as We Know It. Virgin Books. ISBN 978-0-7535-2243-1.
- "Google Inc. Definitive Proxy Statement". Schedule 14A. United States Securities and Exchange Commission. April 6, 2007. Retrieved June 15, 2011.
- "Google Inc. Definitive Proxy Statement". Schedule 14A. United States Securities and Exchange Commission. March 29, 2010. Retrieved June 14, 2011.
- "Google Inc. Definitive Proxy Statement". Schedule 14A. United States Securities and Exchange Commission. April 20, 2011. Retrieved June 15, 2011.
- "Earlier this year, he pulled in almost US$90 million from sales of Google stock and made at least another US$50 million selling shares in the past two months as the stock leaped to more than US$300 a share." Mills, Elinor (August 3 2005). "Google balances privacy, reach". CNET. Archived from the original on 2005. Retrieved November 15, 2006.
- Baldwin, Clare (January 23, 2011). "Google to give outgoing CEO Schmidt US$100 million". Reuters.
- Yahoo Finance: Insider Transactions
- "Google CEO Eric Schmidt on privacy". YouTube. December 8, 2009. Retrieved March 21, 2010.
- "Media – Facebook must be weary of changing the rules". Ft.com. December 11, 2009. Retrieved March 21, 2010.
- "Google's Eric Schmidt: Society not ready for technology". CNET. August 4, 2010. Retrieved August 7, 2010.
- Bradley, Tony. (March 24, 2012) Hey Employers-My Facebook Password Is None of Your Business. PCWorld. Retrieved on September 27, 2012.
- Goldman, David (August 5, 2010). "Why Google and Verizon's Net neutrality deal affects you". CNNMoney (CNN). Retrieved August 6, 2010.
- "About Us". Retrieved January 22, 2012.
- Schmidt-oil-cleanup-x-challenge "X PRIZE Foundation Announces Wendy Eric Schmidt Oil Cleanup X CHALLENGE". Retrieved September 15, 2012.
- ARTnews, The ARTnews 200 Top Collectors, 2008. Artnews.com (July 1, 2008). Retrieved on September 27, 2012.
- Skelton, Charlie, "Bilderberg 2011: The tipping point", The Guardian (UK), June 16, 2011
- "Bilderberg 2011 list of participants". BilderbergMeetings.org. Retrieved August 24, 2011.
- http://www.uritours.com/flights. Missing or empty
- "Schmidt’s visit to North Korea revealed limits, benefits of private diplomacy".
- http://ericschmidtlookingatthings.tumblr.com/. Missing or empty
- John Battelle (December 1, 2005). "The 70 Percent Solution: Google CEO Eric Schmidt gives us his golden rules for managing innovation". CNN Money magazine. Retrieved August 12, 2011.
||This article's use of external links may not follow Wikipedia's policies or guidelines. (April 2013)|
|Wikimedia Commons has media related to: Eric E. Schmidt|
- Eric Schmidt on Google+
- Eric Schmidt on Twitter
- Appearances on C-SPAN
- Eric Schmidt on Charlie Rose
- Eric Schmidt at the Internet Movie Database
- Eric Schmidt collected news and commentary at The Guardian
- Eric Schmidt collected news and commentary at The New York Times
- Eric Schmidt collected news and commentary at The Wall Street Journal
- "Google Boss Dates P.R. Beauty". New York Post. July 28, 2011.
- Eric Schmidt and Larry Page speaking at Stanford (May 1, 2002)
- Eric Schmidt talks about innovation on Executive Talks, November 2006
- Schmidt-ceo-of-google.html Eric Schmidt interview by iinnovate, March 2007
- CAA Address at the Charter Gala event on YouTube (March 24, 2012).
- YouTube: Eric Schmidt at the Seoul Digital Forum. (2007.06.05)
- Eric Schmidt speaks as part of NASA 50 years Lecture Series, January 17, 2008
- Mobile World Congress 2010 Keynote: Eric Schmidt, CEO, Google(Feb 2010)
- iTunes: Google making of a modern company.[when?]
- CNET: Google balances privacy, reach (July 14, 2005), which uses Eric Schmidt as an example of the personal information held by Google.
- Schmidt on Princeton University web site
|Chief Executive Officer of Google
|Executive Chairman of Google