Google's Larry Page Is IBD's CEO Of The Year

When Larry Page became Google's chief executive in April, he could have taken a hands-off approach to running the company.

Few would have questioned a neutral stance.

After all, the world's leading search provider continues to expand profit and revenue at a record pace while racking up cash reserves of $42.6 billion and a market cap of $163 billion

Instead, Page, who founded the firm in 1998 with partner Sergey Brin, plugged into a higher speed.

He reorganized the company's management structure, redesigned the face of the company's products and pushed forward with a multibillion dollar deal to acquire a cellphone manufacturing outfit.

He also launched two other products aiming at Groupon, the leader of online coupons, and Facebook, the top social networking site.

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