Why Did Eric Schmidt Really Step Down as Google CEO? [Google]

Ken Auletta wrote the book on Google. Literally . In step with his sources, a number of things resulted in Eric Schmidt’s departure as CEO .

The Google C.E.O. was upset a year ago when co-founder Larry Page sided together with his founding partner, Sergey Brin, to withdraw censored searches from China. Schmidt failed to hide his belief that Google should stay on the planet’s largest consumer marketplace … Schmidt, consistent with associates, lost some energy and focus after losing the China decision.

Add in all of Google’s troubles lately, like the insurgent Facebook, government entanglements, ballooning bureaucracy-and looking to bat down all of these troubles-and by ” the top of the year, he was able to jump on his own.”

But just as interesting, maybe, as what Auletta reports about Schmidt is what he says about Larry Page, soon-to-be CEO. That a biography of Telsa he read when he was 12 ingrained in him the concept being an outstanding scientist isn’t that groovy in case you’re a crappy businessman. That he hates regimented schedules, public speaking and ” often in meetings looks down at his hand-held Android device.” That he’s going to must change.

Read the entirety here, the fascinating internal human machinations of the sector’s thinking engine: [ The most recent Yorker ]

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This post is tagged: about schmidt, consumer marketplace, eric schmidt, Ken Auletta, machinations