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Alphabet's Eric Schmidt to step down, focus on philanthropy

2017-12-22 07:58:00| Telecompaper Headlines

(Telecompaper) Alphabet has announced it will be losing Eric Schmidt, who from January will transition from his position as executive chairman of the board of directors, to becoming a technical advisor. Schmidt will continue to serve on the board of Alphabet, which he joined 17 years ago. The company expects to appoint a non-executive chairman.

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