Susan Wojcicki, YouTube’s CEO for Over 25 Years, Steps Down
In a recent announcement, Susan Wojcicki revealed that she would be stepping down from her role as CEO of YouTube, a position she has held for over 25 years. During her tenure, Wojcicki oversaw the transformation of the video-sharing platform from a small start-up to a cultural phenomenon with billions of users worldwide.
In her announcement, Wojcicki reflected on her career, the milestones achieved during her tenure, and expressed her confidence in the person who will be taking over her role.
Neal Mohan to Take Over as CEO of YouTube
YouTube’s new CEO, Neal Mohan, has played an instrumental role in the development of several of the streaming platform’s most important products since he became the Chief Product Officer in 2015. These products include YouTube TV, YouTube Music and Premium, and Shorts.
Thank you, @SusanWojcicki. It’s been amazing to work with you over the years. You’ve built YouTube into an extraordinary home for creators and viewers. I’m excited to continue this awesome and important mission. Looking forward to what lies ahead… https://t.co/Rg5jXv1NGb
— Neal Mohan (@nealmohan) February 16, 2023
Wojcicki expressed her confidence in Mohan, stating he would be a terrific leader for YouTube. The role change is expected to be positive news for Web3 enthusiasts, as Mohan has previously expressed interest in NFTs and Web3 in general.
YouTube’s Investment in Crypto and NFTs
Wojcicki wrote a letter last year in January announcing the company’s next investment plans, which included crypto and NFTs. A month later, in an article titled “A Look at 2022: Community, Collaboration, and Commerce,” Mohan cited Web3 and NFTs as part of the plans for 2022.
“We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans,” the letter read. “There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well.”
Expectations for Web3-Related Features on YouTube
Although YouTube has not yet released any specific Web3-related features, Mohan’s appointment as CEO may soon accelerate and shake things up. The hope is that with Mohan at the helm, YouTube will take a more aggressive approach to embracing Web3 and other new technologies, providing users with even more ways to engage with the platform and its content creators.
Conclusion
Susan Wojcicki’s announcement that she would be stepping down as CEO of YouTube and be replaced by Neal Mohan, who is known for his interest in NFTs and Web3, has generated excitement in the crypto community.
It remains to be seen how YouTube will evolve under Mohan’s leadership, but the potential for new features and deeper engagement with users is high.
