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Larry Page Officially Takes Over as CEO, Schimdt Resumes as Chairman of Google

Today, marks the transition of power at Googe HQ, as the Larry Page has taken over as CEO of Google. Eric Schmidt will remain as chairman, in part as Google’s ambassador and as grandaddy to Page and other cofounder Sergey Brin.

Larry Page

His role is apparently not very well defined but PC Mag reports that, according to Schmidt, he’ll, “focus wherever I can add the greatest value: externally, on the deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership that’re increasingly important given Google’s global reach; and internally as an advisor to Larry and Sergey.”

The New York Times spelled out ten challenges Page will be facing at Google’s helm, like cracking open the walled Facebook garden (good luck), fix China (not easy), avoid antitrust lawsuits (next to impossible), catch up on Apple (they’re already trying to do that), make friends with privacy advocates and more. Page is a smart guy, no doubt about that. He should be able to take Google to the next level and nurture the startup philosophy that has given birth to must-have products in the past.

Here’re a couple of video of Larry Page’s:

First is, Page’s plenary lecture at the AAAS Annual Meeting, February 15-19, 2007 in San Francisco, California:

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