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Wednesday, October 11, 2006

Does Google's CEO Have An Options Problem?


Two high-profile CEOs walked the plank today. Options back-dating problems. The heads of McAfee and CNET are gone.

Buried in the Wall Street Journal's story on Apple's widening options issues is the note that Eric Schmidt, CEO of Google and a member of the Apple board, may have a problem himself. Novell, a company he once ran, is conducting its own probe, and is delaying earnings due to the process.

A few weeks ago, no one would have guessed that McAfee and CNET lose their CEOs on the same day. Mr. Schmidt may be safe. But, then again, he may not be.

Douglas A. McIntyre can be reached at He does not own securities in companies that he writes about.

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