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==== Assumption of CEO position at Google ==== Following a January 2011 announcement,<ref>{{cite news | url=https://www.wsj.com/articles/SB10001424052748704881304576094340081291776?mod=googlenews_wsj | title=Google's Page to Replace Schmidt as CEO | work=The Wall Street Journal | first=Amir | last=Efrati | date=January 21, 2011 | access-date=August 8, 2017 | archive-url=https://web.archive.org/web/20170816061610/https://www.wsj.com/articles/SB10001424052748704881304576094340081291776?mod=googlenews_wsj | archive-date=August 16, 2017 | url-status=live | df=mdy-all }}</ref> Page officially became the chief executive of Google on April 4, 2011, while Schmidt stepped down to become executive chairman.<ref>{{cite web |url=https://www.google.com/about/company/facts/management/#section-board |title=Management team β Company|access-date=September 28, 2012 |archive-url=https://web.archive.org/web/20121230160111/http://www.google.com/about/company/facts/management/#section-board |archive-date=December 30, 2012 |url-status=live }}</ref> By this time, Google had over $180 billion market capitalization and more than 24,000 employees.<ref>[http://www.maintour.com/meritbadge/american_business.htm American Business BSA Merit Badge Guide] {{Webarchive|url=https://web.archive.org/web/20150906031557/http://www.maintour.com/meritbadge/american_business.htm |date=September 6, 2015 }}, June 22, 2015.</ref> Reporter Max Nisen described the decade prior to Page's second appointment as Google's CEO as Page's "lost decade" saying that while he exerted significant influence at Google via product development and other operations, he became increasingly disconnected and less responsive over time.<ref name="Car" /><ref name="Max">{{cite news|author1=Max Nisen|title=Larry Page's lost decade was the best thing to ever happen to Google|url=http://qz.com/202710/larry-pages-lost-decade-was-the-best-thing-to-ever-happen-to-google/|access-date=February 6, 2015|work=Quartz|date=April 25, 2014|archive-url=https://web.archive.org/web/20150202103627/http://qz.com/202710/larry-pages-lost-decade-was-the-best-thing-to-ever-happen-to-google/|archive-date=February 2, 2015|url-status=live}}</ref> Schmidt announced the end of his tenure as CEO on January 20, 2011, jokingly tweeting on Twitter: "Adult-supervision no longer needed."<ref>{{cite tweet|number=28196946376130560|user=ericschmidt|title=Day-to-day adult supervision no longer needed! https://x.com/ericschmidt/status/28196946376130560|date=January 20, 2011}}</ref>
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