Eric Schmidt to be Google chairman, Larry Page now CEO

Major management changes at Google shift Eric Schmidt to Executive Chairman and Larry Page to CEO.In Schmidt’s words, “For the last 10 years, we have all been equally involved in making decisions. This triumvirate approach has real benefits in terms of shared wisdom, and we will continue to discuss the big decisions among the three of us. But we have also agreed to clarify our individual roles so there’s clear responsibility and accountability at the top of the company.”