YouTube CEO Susan Wojcicki to step down

Susan Wojcicki, chief govt of the video streaming large YouTube, will in all probability be stepping down from her function, the agency acknowledged Thursday.

“After almost 25 years right here, I’ve decided to step again from my function as a end result of the pinnacle of YouTube and start a mannequin new chapter focused on my household, well being, and private tasks I’m enthusiastic about,” Wojcicki wrote in a letter printed on-line and despatched to staff.

In her farewell word, Wojcicki recounted a profession that started 1 / 4-century in the past when she joined Larry online page and Sergey Brin, two Stanford graduate college students, in constructing the agency which will develop to be Google. In 2006, Google acquired YouTube for $1.sixty five billion, and in 2014 Wojcicki — then an advert govt at Google — turned chief govt of the platform.

“over time, I’ve worn many hats and accomplished so many issues,” Wojcicki acknowledged in her letter: “Managed advertising, co-created Google picture Search, led Google’s first Video and e book search, as properly as to early parts of AdSense’s creation, labored on the YouTube and DoubleClick acquisitions, served as SVP of advertisements, and for the final 9 years, the CEO of YouTube.”

Neal Mohan, whose LinkedIn presently lists him as YouTube’s chief product officer, will develop to be the mannequin new head of YouTube, in line with Wojcicki. His title will in all probability be SVP, or senior vp, comparatively than chief govt.

Mohan “has arrange a extreme-notch product and UX crew, performed pivotal roles inside the launch of a pair of of our best merchandise, collectively with YouTube tv, YouTube Music and Premium and Shorts, and has led our notion and safety crew,” the letter reads.

Wojcicki’s departure comes at a second of fact for every Google and the broader tech ecosystem, which is floundering by means of a wave of layoffs and worth-reducing measures as a end result of it comes down from a pandemic extreme and navigates a troublesome macroeconomic panorama.

Google laid off 12,000 people final month.


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