YouTube replaces CEO

In a video posted on the platform, Ms. Wojcicki clearly stated her decision to resign, and said that in the coming time, she will focus on personal plans, plans for family and health. She also plans to take on an advisory role at Alphabet, the parent company of Google.

Before becoming YouTube CEO in 2014, Ms. Wojcicki, 54, was a senior vice president of advertising products at Google.

Ms. Wojcicki added that her replacement as YouTube’s new CEO is Mr. Neal Mohan, director of advertising and product since 2015 until now.

Mohan has worked at Google for 15 years and when he was appointed as Product Manager, he was in charge of the main areas including building and developing YouTube Shorts (sharing short-form videos up to 60 seconds in length). ), YouTube Music (providing music streaming services) …

After graduating from Stanford University, Mr. Mohan worked for 6 years at DoubleClick – the company acquired by Google in 2008. After that, he assumed the position of Senior Vice President in charge of video and display advertising. marketed at Google for about 8 years.

The change in YouTube leadership comes as the video-sharing platform’s revenue fell for the second consecutive quarter due to stiff competition for watch time from short-form video platforms such as YouTube. TikTok and Reels (by Facebook), as well as streaming services, including Netflix.

Immediately after Ms. Wojcicki announced her resignation, the share price of Alphabet – Google’s parent company, fell 1%.