YouTube boss Susan Wojcicki resigns
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Susan Wojcicki has led YouTube on several transitions, including Shorts’ move to short-form videos. Photo: Noam Galai (Getty Images)
On Thursday, YouTube CEO Susan Wojcicki, who has been in the post since 2014, told employees she was stepping down from her position. It’s the end of an era for Google’s main video platform and one of its key executives.
In a letter to employees first reported by Recode, Wojcicki told the YouTube crew that after 25 years at Google, “the time is right.” She will make time to support the transition to her right-hand man, Chief Product Officer Neal Mohan, who previously worked with her at Google’s display advertising business before joining Wojcicki at YouTube. After her tenure ended, she said she told Google CEO Sundar Pichai that she would remain in an “advisory role” at Google and its parent company Alphabet.
“With everything we’re doing for shorts, streaming and subscriptions, along with the promises of AI, YouTube’s most exciting possibilities lie ahead and Neal is the right person to lead us,” Wojcicki wrote.
Wojcicki is not only a leader in Google’s image search and Adsense, but has guided the video platform through a massive wave of change over the past nine years. The platform has become a workplace for thousands of creators who depend on YouTube to share some of its vast amount of advertising dollars. The recent launch of YouTube Shorts on the platform has been one of the most successful attempts to compete against TikTok with short videos. Still, the difficulty remains in monetizing this content and making creators happy enough to keep posting vertical videos. She was subpoenaed just yesterday to appear before Congress.
The YouTube CEO was instrumental in launching Google. Wojcicki rented out her garage to Google founders Larry Page and Sergey Brin in 1998. This investment in the garage and subsequent entry into the fledgling company worked well for them. She spearheaded Google’s first attempt to compete in user video, and says she played a key role in Google’s decision to buy the platform in 2006 for $1.65 billion. Forbes listed her net worth in 2022 as $765 million.
