Google CEO Says No To Obama CTO Post

Google’s CEO, Eric Schmidt took his name out of the list of potential candidates, who can assume the role of US Chief Technology Officer (CTO), a post created by the President-elect Barack Obama to look after the country’s technological future.

In an interview with CNBC’s Jim Cramer, Schmidt said, “I love working at Google and I'm very happy to stay at Google, so the answer is no”; however, Schmidt will serve as a close advisor to President-elect Barrack Obama.

When asked about pulling out his name from the list “in this time of crisis”, Schmidt replied by saying “Google is its own exciting opportunity.”

Earlier, during election campaigns, it was promised that the new administration would employ someone from the IT industry to ensure flawless and efficient working of electronic systems used by the government, and to enforce proper policies to make the machinery so employed, more resourceful.

The first ever cabinet-level post of CTO has several big names as its contenders, including the likes of Microsoft’s ex-chairman Bill Gates and Google’s chief internet evangelist Vint Cerf..

Schmidt had overtly supported Obama during his election campaign, and is currently a member of the economic panel to watch over the transition of power.

Related Links

- Google's Schmidt Says No To U.S. CTO Post

- Obama's CTO: Watch out for the turf wars

- Google CEO Schmidt Will Not Be Obama's CTO

- Obama to appoint US chief technology officer

The team chosen by President-elect Obama (top) to cherry pick the next CTO after...

Kevin Malover, the ex-CEO of Orbitz, left earlier this year, apparently shortlisted....

Bill Gates, Chairman and Co-Founder of Microsoft and...

Vince Cerf, the "father" of modern internet.