Eric Schmidt, a technology expert brought in as Google Inc.'s "adult supervision" a decade ago, is relinquishing the CEO job to Larry Page, one of the prodigies who co-founded the company behind the Internet's dominant gateway. The surprise shake-up declared Thursday appears to be driven by Schmidt's desire to tackle other challenges as much as Page's personal ambition. "Day-to-day adult supervision no longer needed!" Schmidt wrote on his Twitter account moments after Google dropped the bombshell that upstaged its fourth-quarter earnings. Schmidt, 55, will become executive chairman and remain available to advise Page, 37, and Google's other 37-year-old founder, Sergey Brin.
Under the new pecking order effective April 4, Page will regain the CEO job that he held for three years before the two business enterprise capitalist firms backing Google in its early days insisted that a more grown-up leader be brought aboard.
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