31 posts and columns on assets
News Byte
Google Chairman Eric Schmidt to Sell Up to 42 Percent of Stake
Eric Schmidt, former CEO and now Chairman of Google, plans to sell up to 3.2 million shares of his class A common stock in the company, according to an SEC filing published Friday. The amount is equal to approximately 42.1 percent of his overall stake in Google. Schmidt will sell off the shares over the coming year in a “pre-arranged trading plan,” created for a “long-term strategy of individual asset diversification and liquidity.”
Exclusive: Digital Chief Jon Miller Leaving News Corp.
His departure brings into focus the fate of News Corp.’s overall digital strategy in an upcoming new structure.News Byte