Description: Google Inc. co-founder Larry Page will become chief executive officer, taking the reins from Eric Schmidt, who oversaw the transformation of a barely profitable startup with 200 employees into the owner of the world’s most- used search engine, with $29 billion in sales last year.
Source: Bloomberg.com
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Date: 01/21/2011
Questions for discussion:ÂÂ
- Do you think there will be substantial change in the management of Google, given this leadership change?
- Do you think this is good for the firm?
- How do you think investors will react?
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