YouTube CEO Susan Wojcicki Resigns
Susan Wojcicki, CEO of YouTube, an online video sharing and social media platform, has resigned.
Susan Wojcicki, one of the first employees of technology giant Google and the CEO of the world-famous online video sharing and social media platform YouTube, announced her resignation in an email to her employees. It has been announced that 54-year-old Wojcicki will be replaced by his assistant Neal Mohan.
Wojcicki’s resignation comes after YouTube’s ad revenue fell in the second quarter due to intense watchtime competition from platforms like Netflix and short-form video services like TikTok and Facebook’s reels.
BECOME CEO IN 2014
Wojcicki said in the email that he will focus on “family, health and personal projects” and plans to take up a consulting role at Alphabet. Wojcicki, who was previously senior vice president of advertising products at Google, became CEO of YouTube in 2014.
Mohan, a Stanford University graduate who joined Google in 2008, focused on creating Short Films and Music on YouTube. The CEO change caused Google shares to drop less than 1 percent.
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