Google Replacing CEO Schmidt with Co-Founder Page
As part of its quarterly earnings statement, Google announced that Eric Schmidt will step down as CEO and hand the reins over to co-founder Larry Page. Page will assume the CEO role starting April 4. Schmidt will remain executive chairman of the board.
T-Mobile and Sprint Agree to Merge and Unite Under T-Mobile Brand and Leadership
Apr 29, 2018
T-Mobile and Sprint today announced plans to merge in an all-stock deal that will create a "New T-Mobile" worth $146 billion. The new company's combined radio spectrum assets will allow it to accelerate deployment of 5G technology.
Eric Schmidt, Alphabet Chairman, to Take Advisory Role
Dec 22, 2017
Alphabet Executive Chairman Eric Schmidt this week said he plans to step down from his leadership role on the company's board and will instead serve as a technical advisor to the company. "Larry, Sergey, Sundar and I all believe that the time is right in Alphabet’s evolution for this transition.
Verizon CEO McAdam to Retire, Will Be Replaced by Vestberg
Jun 8, 2018
Verizon Communications today said long-serving Lowell McAdam will vacate his position as CEO on August 1. He will remain with the company as Executive Chairman of the Board through the end of the year, and then transition to a Non-executive Chairman role in 2019.
Sony President and CEO Kazuo Hirai to Step Aside
Feb 2, 2018
Sony today said it plans to make changes to its corporate leadership later this year. Current President and CEO Kazuo Hirai, largely seen as responsible for turning around the company's fortunes, will stand down from his leadership role on April 1.