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News

Schmidt Quits Board as Apple & Google Cross Paths

ericGoogle CEO Dr. Eric Schmidt has today resigned his post as a member of Apple’s board of directors. As Apple and Google’s businesses move further into competitive territory within desktop and mobile OS markets, the decision appears amicable. Schmidt has been on Apple’s board of directors for three years and has been involved with important collaborations between the two technology giants.

“Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful,” said Steve Jobs, Apple’s CEO. “Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple’s Board.”

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