YouTube CEO Susan Wojcicki stepping down

YouTube CEO Susan Wojcicki, who has led the world’s largest video site for the last nine years, is stepping down from her role. She’ll be replaced by Neal Mohan, her longtime lieutenant.

In a letter sent to YouTube’s employees, Wojcicki said she was leaving in order to “start a new chapter focused on my family, health and personal projects I’m passionate about.”

During her tenure, YouTube became increasingly important to the business for Google, which bought the site in 2006, and Alphabet, the holding company that houses both of them: In 2022, YouTube generated $29.2 billion in ad sales — more than 10 percent of Alphabet’s total revenue.

Wojcicki’s departure also has meaningful symbolism for Google and tech in general. For years, she has been one of the very few women to operate a huge tech business. And she was an integral part of Google’s founding — she famously rented out her Silicon Valley garage to co-founders Larry Page and Sergey Brin in 1998, and joined the company as its 16th employee a year later.