After speculation began earlier this week, Google has confirmed that its former senior vice-president of advertising and commerce Susan Wojcicki will now take the helm at YouTube as her predecessor moves on to new projects.
Former YouTube CEO Salar Kamangar had been tipped to be preparing a move to Google Ventures, the investment arm of the tech giant led by Bill Maris. However, reports now claim Kamangar will be starting his own early stage projects within Google.
“Salar and the whole YouTube team have built something amazing. YouTube is a billion-person global community curating videos for every possibility. Anyone uploading their creative content can reach the whole world and even make money. Like Salar, Susan has a healthy disregard for the impossible and is excited about improving YouTube in ways that people will love,” wrote Google CEO Larry Page in a statement to Re/code.
Wojcicki previously shared leadership of the advertising and commerce division with Sridhar Ramaswamy, who will now take over this department.
Google acquired YouTube in 2006.
Susan Wojcicki image via Fortune Live Media on Flickr
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