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May 12, 2006

Google's CEO & Founders Keep Control Over Google

News.com reports that Google has kept the criticized dual class stock ownership structure. The dual structure gives Class B stockowners 10 votes per share, where Class A stock owners have 1 vote per share. Guess who the only Class B stockowners are today? You got it, only the CEO Eric Schmidt and founders Larry Page and Sergey Brin. More details on the politics involved at News.com.

Posted by Barry Schwartz at May 12, 2006 9:08 AM