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Eric Schmidt Out as Google CEO

1:21 PM PST 1/20/2011 by Georg Szalai

Co-founder Larry Page takes over the top spot, while Schmidt will focus on the role of executive chairman.

NEW YORK - Google is shaking up its top ranks.

  1. Watch Video Kim Dotcom at Nürburgring

    Kim Dotcom at Nürburgring

    Kim Dotcom, Formula 1 driver Kimi Raikkonen and Megaupload CMO Finn Batato race around Germany's famous Nürburgring Norschleife race track in heavily modified Mercedes Benz super cars. This footage would later be seized by the FBI during the Megaupload raid, according to Dotcom.

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