\tAlphabet announced former Google CEO Eric Schmidt will leave its board next month, as employees and shareholders questioned the oversight of members on issues including a sexual misconduct case.<\/p>\n
\u201cAfter over 18 years on the board, Eric Schmidt is not seeking re-election at the expiration of his current term on June 19, 2019,\u201d the company said in a statmement, although he will continue as a technical adviser to Alphabet.<\/p>\n
Schmidt served as a board member since March 2001 and led Google from then until 2011, when Larry Page took the helm. Schmidt was also Google’s executive chairman from 2011 to 2018.<\/p>\n
As part of the reshuffle, Diane Greene, who served as a member of the board since January 2012, will not seek re-election. Greene served as CEO of Google Cloud from 2015 to 2019.<\/p>\n
Meanwhile Robin Washington was elected to the board to serve on Alphabet\u2019s Leadership Development and Compensation Committee.<\/p>\n
She is executive VP and CFO of Gilead Sciences, a biopharmaceutical company.<\/p>\n
In recent months, Google employees have urged the company to make\u00a0 governance changes following the mishandling of sexual misconduct allegations and other staff concerns.<\/p>\n
The cases have led to shareholder lawsuits against the board and executives.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alphabet announced former Google CEO Eric Schmidt will leave its board next month, as employees …<\/p>\n
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