Larry Page- New Chief Executive of Google

Eric Schmidt has announced to depromote his position from chief executive and empty the position for new candidate & co-founder of google- Larry Page

It is confirmed that Larry who owns $26m worth of Google shares will handle his new post on April 4^th, and it is predicted to make profit to company by 29% than what it is today i.e. $10.8bn (£6.8bn). It is supposed that Mr. Larry is all set with his innovative ideas to achieve what right now is only on paper.

The management changes came as Google announced a 22pc increase in pre-tax profits in the three months to the end of December to $3.1bn on revenue up 26pc to $8.4bn. Full-year pre-tax profits rose to $10.8bn from $8.4bn.

Google highlighted the UK as its weakest market, with revenue up 13.7pc to $878m.

The shares were trading $12.50, or 2pc, higher at $639 in after hours trading last night.

Before, in 1996 after founding Google Larry started to handle adult supervision branch. But recently, Mr. Larry stated on twitter that these days since much time, Google do not require any adult supervision now.

Mr. Eric added appreciating Larry that he enjoyed working as CEO in last 10 golden years and he will also be very much obliged to work under such a great & intresting personality.

Also Mr. Eric assured to investors & share holders about the quality work of Google, and its material quality will be surely increasing steadily as it does today also. 

On appreciating Eric, Larry stated that, Eric is one of those great CEOs who has not only maintained the steady & determined growth of Google but also polished its quality on every step of progress.

Mr. Eric on revealing his future strategies discussed about his new interesting deals & new partners for developing the quality in a much more broader aspect.