Google co-founder Larry Page is replacing Eric Schmidt as
CEO effective Apr. 4.
That is according to a blog posting from Schmidt posted
Schmidt, who was brought in in 2001, said that "now was
the right moment to make some changes to the way we are structured."
"Day-to-day adult supervision no longer needed!"
a reference to the fact he was brought in to help run a company started by
college kids in a dorm room.
Schmidt will remain executive chairman of the company.