Susan Wojcicki, CEO of YouTube, announced her resignation from her post in an e-mail and a video sent to employees. The 54-year-old Wojcicki will be replaced by her deputy, Indian-American Neal Mohan.
After many years of leadership at the company, YouTube CEO Susan Wojcicki announced her resignation as CEO in an email to employees. Wojcicki resigned from her position, which she started 25 years ago as one of the first Google employees, and announced it to the public with a personal update published on the video sharing site.
“I WILL FOCUS ON PERSONAL PROJECTS”
The 54-year-old Wojcicki, who is one of the most prominent female executives among the technology giants, also stated in her statement that she will focus on “family, health and personal projects”. Susan Woycicki previously served as senior vice president of advertising products at Google and became CEO of YouTube in 2014.
NEW CEO INDIAN AMERICAN MOHAN
Although no official reason was given for the CEO change, it is rumoured that YouTube’s advertising revenue fell behind in the second quarter amid intense competition for viewership from platforms such as TikTok and Facebook’s short-form video services such as reels and Netflix. Susan Wojcicki, who stated that she left the post voluntarily, was replaced by a person working within the company. The new CEO is Indian-American Neal Mohan, who has been Wojcicki’s deputy for a while.