YouTube Chief Executive Officer Susan Wojcicki will be stepping down after nine years at the helm of the world's largest online video platform, she said in a blog post today.
YouTube's chief product officer, Neal Mohan, will be the new head of YouTube, she said.
Wojcicki, 54, said she will focus on "family, health, and personal projects I'm passionate about." Wojcicki, who was previously a senior vice president for ad products at Google, became CEO of YouTube in 2014.
She was among Google's earliest employees and has been with the parent company Alphabet Inc for nearly 25 years.
It is expected that Mohan will earn a monthly salary of at least USD 370,000 (INR 3.1 crore), Wojcicki's salary in 2022.
As per media reports, Neal Mohan had received a massive USD 100 million bonus from Google previously to prevent him from switching to Twitter. It is estimated that Mohan’s total net worth is over USD 150 million (INR 1,242 crore).
Neal Mohan became part of Google, the parent company of YouTube, in 2007. The Stanford graduate was appointed the chief product officer of the company in 2015.
He studied at St Francis’ College, Hazratganj, in Lucknow between 1986 and 1991 before heading to the US to earn an electrical engineering degree from Stanford University.
Neal Mohan started his career at Accenture in 1996 and then joined a startup called NetGravity which was subsequently acquired by online advertising firm DoubleClick.
Previously, Mohan has also worked with Microsoft and sits on the board of Stitch Fix and genomics and biotechnology company 23andMe.
Mohan, 47, joins the growing club of global tech chiefs of Indian origin such as Google parent Alphabet's Sundar Pichai, Microsoft’s Satya Nadella, IBM's Arvind Krishna, and Adobe's Shantanu Narayen.