We're still digesting the huge news today that co-founder Larry Page will be replacing Eric Schmidt as CEO of Google on April 4. It's a move that no one saw coming ? or did they? After reading over his statements and listening to his comments during the earnings calls, Schmidt does give some insight into the move. Most notably, Schmidt says that he got together with Page and fellow co-founder Sergey Brin over the holidays to figure out how to best run the company going forward. In other words, this decision was made very recently, and hasn't been a long-time coming. But why now? It's pretty clear from Schmidt's comments (as well as Page's) that there was a feeling that Google has been moving too slowly recently. Specifically, Schmidt notes discussions the three have had about "how best to simplify our management structure and speed up decision making."
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