from left to right: Schmidt, Page and Sergey at Google unmanned vehicle

January 21, Beijing time, morning news, Google just in the fourth quarter of fiscal year 2010 financial results announced, Google co-founder Larry Page from April 4 this year, Google has served as CEO. Current CEO Eric Schmidt (Eric Schmidt) as Google will be executive chairman.

Subsequently, Schmidt to executive chairman as the official Google blog, published an article that explained the reasons behind the significant management changes.

The following is the text of the article:

I joined Google in 2001 , I did not think in any case today we would go so far. Search can be said to have changed people's lives - it promotes aggregation of human knowledge, and in the process of reform of the ads. And our emerging businesses, such as display ads, Android, YouTube, and Chrome also is taking off. Of course, any success with other organizations, elements of which are lucky, but the Google team, the world 24,000 Google employees, is the most important reason for our success.

published results, as shown today, Google's prospects are bright. But with the growth of Google, the management has become increasingly complex. So, Larry, Sergey and I have long been discussing how to simplify management structure, accelerating the pace of implementation of decisions. So during the holidays we made a decision, it is time for some corporate structure changed.

in the past decade, we are all equally involved in the decision-making. The three share the wisdom in decision-making approach has indeed some merit, we will continue between the three major decisions in the discussion. But we also agreed that, should clarify the role of each person to establish a clear corporate level responsibilities and obligations.

Larry from now on will lead Google's product development and technology strategy, which is his greatest strength. From April 4, he will serve as the Google CEO, is responsible for Google's daily operations. In the new role, I think Larry will be able to Google's technology and business vision together. I Google the past ten years as CEO and feel very proud. I am also convinced that under the leadership of Google, Larry the next ten years will be better. I firmly believe, Larry, Google is ready to lead the advance.

Sergei has decided to contribute time and energy to some of Google's strategic projects, particularly in new product development. His title will be the co-founder. He is essentially an innovator and entrepreneur, and this role fit him perfectly.

as executive chairman, I will focus on the most value I can contribute in any field: in the external affairs, I will be responsible for mergers and acquisitions, partnerships, customers and corporate relations, government power to expand and technology thought leadership, which increasingly globalized Google for more and more important. In the house, I will act as a consultant Larry and Sergey.

We are confident that this focus will allow Google and our users benefit. Larry, Sergey and I have worked closely for over a decade, we hope to continue to cooperate in the more distant future. As friends, colleagues, and computer scientists, we have so much in common, the most important thing is, we believe that technology to make the world more wonderful potential. We love Google - our employees, our products, and most importantly, love to the world millions of people a better life opportunities.