Friday, February 17, 2023

YouTube CEO Susan Wojcicki resigns; Neal Mohan, an Indian-American, will take her place

YouTube CEO Susan Wojcicki quits; Indian-American Neal Mohan to replace her

In New York: Susan Wojcicki, YouTube's chief executive and one of the first Google employees, announced her resignation in a personal update on the video-sharing platform on Thursday. The tech giant began 25 years ago in her garage.

Insider Neal Mohan will take Wojcicki's place. YouTube is competing with popular short-form video app TikTok and streaming services like Netflix for viewership, prompting the change in leadership.
Wojcicki, 54, one of the most well-known women in technology, stated that she will concentrate on "family, health, and personal projects."

According to reports, Wojcicki sent a memo to YouTube employees announcing her departure. "I feel able to do this because we have an incredible leadership team at YouTube," Wojcicki stated. "The time is right for me." She joined YouTube as CEO in 2014 after serving as Google's senior vice president for ad products.

Today, I'm stepping down from @Google after nearly 25 years to start a new chapter. I'm constantly inspired by creativity... — Susan Wojcicki (@SusanWojcicki) 1676570272000 She announced that Mohan would take her place: When I started working for YouTube nine years ago, one of my first goals was to hire a great leadership team. Neal Mohan, one of those leaders, will take over as YouTube's new SVP. Neal came to Google as part of the DoubleClick acquisition in 2007 and quickly rose through the ranks to become SVP of Display and Video Ads. Over the course of nearly 15 years of my career, I have worked with him. In 2015, he was promoted to Chief Product Officer at YouTube.

"Since then, he has established a top-notch product and user experience team, played pivotal roles in the launch of some of our biggest products, such as YouTube TV, YouTube Music, Premium, and Shorts, and led our Trust and Safety team, ensuring that YouTube fulfills its global platform responsibility."

She said that Mohan has a "wonderful sense for our product, our business, our creator and user communities, and our employees" at the end of her announcement. YouTube will benefit greatly from Neal's leadership.

I appreciate it, Susan Wojcicki. Over the years, working with you has been amazing. Neal Mohan (@nealmohan) 1676573682000 Mohan, a Stanford alumnus, joined Google in 2008 and is the chief product officer at YouTube, where he has been focusing on building YouTube Shorts and Music. You've made YouTube into an extraord...

Mohan has also held positions of leadership at Microsoft, Stitch Fix, and 23andMe, a genomics and biotechnology company.

He will join Microsoft CEO Satya Nadella, Adobe CEO Shantanu Narayen, and Alphabet CEO Sundar Pichai, all of whom hail from India, at the helm of US-based global giants. Before leaving PepsiCo in 2018, Indra Nooyi led the company for 12 years.

After the news, Alphabet shares were barely changed for the day, falling by less than one percent.

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