Top Google Execs Pledged to Stay 20 Years: ReportBy Reuters - | Posted 2008-01-31 Print
Google's top three executives had
pledged to work together for 20 years in a pact they made shortly
before the company's initial public offering in August 2004, Fortune
magazine has reported.
SAN FRANCISCO (Reuters) - Google Inc's top three executives had pledged to work together for 20 years in a pact they made shortly before the company's initial public offering in August 2004, Fortune magazine has reported.
Co-founders Larry Page and Sergey Brin, together with Chief Executive Eric Schmidt say in a joint interview for Fortune's February 4th issue that the three had agreed to work together for two decades starting one month before the 2004 IPO.
"We agreed the month before we went public that we should work together for 20 years," said Schmidt, who added that he will be 69 years old by that time. Page would be 51 and Brin 50.
The interview can be found at tinyurl.com/2oo5vt/. A Google spokesman could not immediately be reached to comment.
Schmidt is Google's chairman. Page is president of products and Brin is president of technology. Each is a billionaire.
With a market capitalization now around $170 billion, the world's most valuable Internet company is scheduled to report results for the final quarter of 2007 on Thursday.
Wall Street expects Google to report 2007 revenue around $16.6 billion, an increase of 57 percent over the prior year.
(Reporting by Eric Auchard; Editing by Paul Bolding)
Copyright Reuters 2007. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks or trademarks of the Reuters group of companies around the world.
IT Solutions Builder TOP IT RESOURCES TO MOVE YOUR BUSINESS FORWARD
Which topic are you interested in?
What is your company size?
What is your job title?
What is your job function?
Searching our resource database to find your matches...