I believe Eric Schmidt is stepping down because he believes doing so is what is best for Google. And I believe his reason has little to do with whether or not he thinks that he is the right person for the job or that Larry Page is the better candidate.
I think Eric believes that it is time for Google to get a real CEO because he has been the CEO in name only.
C is for Chief and Eric was never the chief since he was not the person who gets to make the final decision.
E is for Executive and Eric never spends much time executing because he was too busy herding cats.
O is for Officer and Eric was not able to look out for the interest of all the shareholders, just the two largest ones.
I think Eric believes that it is time for Google to get a real CEO because he has been the CEO in name only.
C is for Chief and Eric was never the chief since he was not the person who gets to make the final decision.
E is for Executive and Eric never spends much time executing because he was too busy herding cats.
O is for Officer and Eric was not able to look out for the interest of all the shareholders, just the two largest ones.
Good luck, Larry.