I mean, of course he isn't going to resign. There's no personal gain in that; no other company sure isn't stupid enough to pay him $100M/year. He should, however, probably be fired by the board.

His primary selling point as a CEO is, as far as I can tell, the ability to avoid rocking the boat and just keep the money printer running and the stock price going up. It's not the stuff you'd normally expect from a CEO, like inspiring the employees, executing bold strategic moves (that turn out work), and it's not building or maintaining a healthy corporate culture that makes great products.

But clearly he actually can't do even that one thing, and has repeatedly steered Google into icebergs. The latest one costing the shareholders $100 billion.