ALPHABET INC. (NASDAQ:GOOG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On December18, 2017, Alphabet Inc.’s Executive Chairman, Eric E. Schmidt, informed the company of his intent to step down as its Executive Chairman, effective as of Alphabet’s next regularly scheduled board meeting in January 2018. Eric will continue to serve on Alphabet’s Board of Directors and will assume a new role as a technical advisor to Alphabet.
A copy of the press release announcing the decision is filed as Exhibit 99.1 to this Current Report on Form 8-K.
|Item 5.02||Financial Statements and Exhibits.|
Alphabet Inc. ExhibitEX-99.1 2 d462143dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Eric Schmidt to become technical advisor to Alphabet MOUNTAIN VIEW,…To view the full exhibit click
About ALPHABET INC. (NASDAQ:GOOG)
Alphabet Inc. is a holding company. The Company holds interests in Google Inc. (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company. Its technical infrastructure and Virtual Reality are also included in Google segment. Google segment is engaged in advertising, sales of digital content, applications and cloud services, as well as sale of Google branded hardware. The Other Bets segment consists of various operating segments and includes businesses, such as Access/Google Fiber, Calico, Nest, Verily, GV, Google Capital, X and other initiatives. Other Bets segment is engaged in the sale of Nest hardware products, Internet and television services through Google Fiber, and licensing and research and development (R&D) services through Verily.