Ashish Ranjan
YouTube CEO Steps Down: Susan Wojcicki, the chief executive of YouTube and one of the original Google employees, said on Thursday that she was leaving the company she helped create in her garage 25 years prior.
Insider Neal Mohan will take over for Wojcicki. The change of leadership occurs as Netflix and TikTok, a popular app for short videos, compete for viewer attention with YouTube.
Wojcicki, 54, one of the most well-known women in computing, stated that she will concentrate on “family, health, and personal projects.”
Today, after nearly 25 years at @Google, I’m stepping back to start a new chapter. I'm inspired every day by creators around the world who bring people together on @YouTube. It's been an honor to have a front row seat to this incredible community. https://t.co/063sYalPzX
— Susan Wojcicki (@SusanWojcicki) February 16, 2023
According to sources, Wojcicki informed the YouTube workers of her resignation in a memo. The time is appropriate for me, and I feel empowered to do this since YouTube is run by an outstanding leadership group, according to Wojcicki. In 2014, she was appointed CEO of YouTube from her previous position as senior vice president for advertising products at Google.
She declared that Mohan will take over her position and said: “One of my top aims after joining YouTube nine years ago was to assemble a stellar leadership team. Neal Mohan, the new SVP and CEO of YouTube, was one of those executives. I’ve worked with Neal for about 15 years, starting in 2007 when Google acquired DoubleClick and continuing as his position grew to become SVP of Display and Video Advertising. In 2015, he was appointed Chief Product Officer of YouTube.”
Thank you, @SusanWojcicki. It's been amazing to work with you over the years. You've built YouTube into an extraordinary home for creators and viewers. I'm excited to continue this awesome and important mission. Looking forward to what lies ahead… https://t.co/Rg5jXv1NGb
— Neal Mohan (@nealmohan) February 16, 2023
Since then, he has established a top-notch product and UX team, played key roles in the introduction of some of our biggest products, such as YouTube TV, YouTube Music, Premium, and Shorts, and has served as the team leader for our Trust and Safety department, ensuring that YouTube upholds its duty as a global platform.
She announced the news and said that Mohan has a “fantastic intuition for our business, our staff, our user and creator communities, and our product. Neal will do a great job of leading YouTube.”
Mohan, a Stanford alumnus who joined Google in 2008, has been working to develop YouTube Shorts and Music as the company’s chief product officer.
In addition to serving on the boards of Stitch Fix and the genomics and biotechnology company 23andMe, Mohan has previously worked at Microsoft.
He will join a growing group of CEOs of US-based multinational corporations who are of Indian descent, including Satya Nadella, the CEO of Microsoft, Shantanu Narayen, the CEO of Adobe, and Sundar Pichai, the CEO of Alphabet. Before leaving her position as CEO of PepsiCo in 2018, Indra Nooyi had been there for 12 years.
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After the news, Alphabet shares barely changed for the day, falling less than 1%.
