YouTube CEO Susan Wojcicki announces she is stepping down

What you must knowSusan Wojcicki has introduced that she is going to step down as CEO of YouTube.Wojcicki has spent practically 25 years at Google and rented out her storage to Larry Page and Sergey Brin within the firm’s early years.Neal Mohan will function the brand new senior vp and head of YouTube.More modifications are taking place at Google because the CEO of YouTube has introduced her determination to depart from her function.Susan Wojcicki made the announcement through a letter despatched to workers and posted on YouTube’s official weblog website on Thursday, stating that after practically 25 years on the firm, she intends to concentrate on her household and private ardour tasks.Wojcicki joined the YouTube crew as CEO in 2014, overseeing the corporate’s streaming efforts. She can also be identified for her contributions to and engagement with creators, who she addressed in a separate weblog submit relating to her departure as CEO. Wojcicki’s time at YouTube was spent working carefully with Neal Mohan, who ultimately grew to become Chief Product Officer in 2015 and performed a pivotal function in launching merchandise like YouTube TV, YouTube Music, Shorts, and extra.Mohan will take over as SVP and head of YouTube.”The time is right for me, and I feel able to do this because we have an incredible leadership team in place at YouTube,” Wojcicki continued.Wojcicki’s historical past with Google goes again to the very early years of the corporate. She grew to become related to Google founders Larry Page and Sergey Brin shortly after the corporate was based, letting them hire her storage house earlier than she later joined the corporate in 1999. “I saw the potential of what they were building, which was incredibly exciting, and although the company had only a few users and no revenue, I decided to join the team.”Meanwhile, she is going to proceed to work with Mohan to help with the transition and can serve in an advisory function at Google and Alphabet.”Susan has built an exceptional team and has in Neal a successor who is ready to hit the ground running and lead YouTube through its next decade of success,” Alphabet CEO Sundar Pichai mentioned in a press release obtained by Recode.You can learn Wojcicki’s full letter under:Hi YouTubers,Twenty-five years in the past I made the choice to affix a few Stanford graduate college students who have been constructing a brand new search engine. Their names have been Larry and Sergey. I noticed the potential of what they have been constructing, which was extremely thrilling, and though the corporate had only some customers and no income, I made a decision to affix the crew.It can be among the best selections of my life.Over the years, I’ve worn many hats and executed so many issues: managed advertising and marketing, co-created Google Image Search, led Google’s first Video and Book search, in addition to early components of AdSense’s creation, labored on the YouTube and DoubleClick acquisitions, served as SVP of Ads, and for the final 9 years, the CEO of YouTube. I took on every problem that got here my method as a result of it had a mission that benefited so many individuals’s lives all over the world: discovering data, telling tales and supporting creators, artists, and small companies. I’m so pleased with every thing we’ve achieved. It’s been exhilarating, significant, and all-consuming.Today, after practically 25 years right here, I’ve determined to step again from my function as the pinnacle of YouTube and begin a brand new chapter targeted on my household, well being, and private tasks I’m obsessed with.The time is correct for me, and I really feel in a position to do that as a result of we’ve got an unimaginable management crew in place at YouTube. When I joined YouTube 9 years in the past, considered one of my first priorities was bringing in an unimaginable management crew. Neal Mohan was a kind of leaders, and he’ll be the SVP and new head of YouTube. I’ve spent practically 15 years of my profession working with Neal, first when he came visiting to Google with the DoubleClick acquisition in 2007 and as his function grew to change into SVP of Display and Video Ads. He grew to become YouTube’s Chief Product Officer in 2015. Since then, he has arrange a top-notch product and UX crew, performed pivotal roles within the launch of a few of our greatest merchandise, together with YouTube TV, YouTube Music and Premium and Shorts, and has led our Trust and Safety crew, making certain that YouTube lives as much as its duty as a world platform. He has a beautiful sense for our product, our enterprise, our creator and consumer communities, and our workers. Neal will probably be a terrific chief for YouTube.With all we’re doing throughout Shorts, streaming, and subscriptions, along with the guarantees of AI, YouTube’s most fun alternatives are forward, and Neal is the proper particular person to steer us.For all of the YouTubers I’ve had the privilege to work with, you could have executed a lot to make this platform higher through the years. You created the most important artistic economic system the world has ever seen, enabled completely new types of artwork and storytelling, and supported hundreds of thousands of creators and artists to succeed in new audiences—all whereas investing in accountable progress in order that this good neighborhood of creators, artists, viewers, and advertisers couldn’t solely co-exist however thrive collectively. Thank you!As for me, within the quick time period, I plan to assist Neal and assist with the transition, which can embody persevering with to work with some YouTube groups, teaching crew members, and assembly with creators. In the long term, I’ve agreed with Sundar to tackle an advisory function throughout Google and Alphabet. This will enable me to name on my completely different experiences through the years to supply counsel and steering throughout Google and the portfolio of Alphabet corporations. It’s an extremely vital time for Google—it jogs my memory of the early days—unimaginable product and know-how innovation, enormous alternatives, and a wholesome disregard for the unimaginable.And past that, I’ll nonetheless be round, so I’ll have an opportunity to thank the 1000’s of individuals from all throughout the corporate and the world who I’ve labored with and realized from. But for now, I wish to thank Sundar for his management, assist and imaginative and prescient through the years. I additionally wish to thank Larry and Sergey for inviting me on what has actually been the journey of a lifetime. I all the time dreamed of working for an organization with a mission that would change the world for the higher. Thanks to you and your imaginative and prescient, I obtained the prospect to stay that dream. It has been an absolute privilege to be part of it, and I’m excited for what’s subsequent.Thank you for every thing,Susan