Digital Marketing Handbook

(ff) #1

Larry Page 120


Business


Page at the MIT Stata Center in June 17, 2009

In 1998, Brin and Page founded Google, Inc.[19] Page ran Google as
co-president along with Brin until 2001 when they hired Eric Schmidt
as Chairman and CEO of Google. In January 2011 Google announced
that Page would replace Schmidt as CEO in April the same year.[20]
Both Page and Brin earn an annual compensation of one dollar. On
April 4, 2011, Page officially became the chief executive of Google,
while Schmidt stepped down to become executive chairman.

Personal life


Page married Lucinda Southworth at Richard Branson's Caribbean
island, Necker Island in 2007.[21] Southworth is a research scientist and
sister of actress and model Carrie Southworth.[22][23][24] They have one
child.

Other interests


Page is an active investor in alternative energy companies, such as Tesla Motors, which developed the Tesla
Roadster, a 244-mile (unknown operator: u'strong' km) range battery electric vehicle.[25] He continues to be
committed to renewable energy technology, and with the help of Google.org, Google's philanthropic arm, promotes
the adoption of plug-in hybrid electric cars and other alternative energy investments.[14]

Brin and Page are the executive producers of the 2007 film Broken Arrows.[26]


Awards and recognition


PC Magazine has praised Google as among the Top 100 Web Sites and Search Engines (1998) and awarded Google
the Technical Excellence Award, for Innovation in Web Application Development in 1999. In 2000, Google earned a
Webby Award, a People's Voice Award for technical achievement, and in 2001, was awarded Outstanding Search
Service, Best Image Search Engine, Best Design, Most Webmaster Friendly Search Engine, and Best Search Feature
at the Search Engine Watch Awards."[27]
In 2002, Page, along with Sergey Brin, was named to the MIT Technology Review TR100, as one of the top 100
innovators in the world under the age of 35.[28]
In 2003, both Brin and Page received an honorary MBA from IE Business School "for embodying the
entrepreneurial spirit and lending momentum to the creation of new businesses...."[29] And in 2004, they received the
Marconi Foundation Prize, the "Highest Award in Engineering," and were elected Fellows of the Marconi
Foundation at Columbia University. "In announcing their selection, John Jay Iselin, the Foundation's president,
congratulated the two men for their invention that has fundamentally changed the way information is retrieved
today." They joined a "select cadre of 32 of the world's most influential communications technology pioneers...."[30]
He was elected to the National Academy of Engineering in 2004. In 2005, Brin and Page were elected Fellows of the
American Academy of Arts and Sciences.[31] In 2002 the World Economic Forum named Page a Global Leader for
Tomorrow and in 2004 the X PRIZE chose Page as a trustee for their board.[12]
In 2004, Page and Brin were named "Persons of the Week" by ABC World News Tonight. Page received an honorary
doctorate from the University of Michigan in 2009 during graduation commencement ceremonies.[32]
In 2011, he was ranked 24th on the Forbes list of billionaires and as the 11th richest person in the United States.[1]
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