Wojciki’s departure has sparked widespread interest in her salary and the reasons for her departure. From 2014 to 2023, Wojcicki, an accomplished technology executive, oversaw YouTube as its chief executive officer.
Her contributions to Google were significant; she was the company’s first marketing manager back in 1999 and went on to head up both its online advertising and original video services. Wojcicki has made notable advancements in the fields of online advertising and video entertainment.
She started her career at Intel Corporation before joining Google as the company’s first marketing manager. After the news that the CEO has been replaced, many are intrigued as to the specifics of the decision.
Who is Susan Wojcicki?
Until 2023, YouTube was led by Polish-American businesswoman Susan Diane Wojcicki. In 2022, her fortune was predicted to be $765 million.
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Wojcicki’s tenure in the tech sector exceeds two decades. She helped out with the early days of Google when its founders set up shop in her garage back in 1998. In 1999, she was hired as the first marketing manager at Google, and she went on to head up the company’s online advertising division and original video service.
She proposed Google buy YouTube after seeing its immense popularity, and in 2006, the deal was authorized for $1.65 billion. She became YouTube’s CEO in 2014 after being nominated for the position. In 2023, she stepped down as CEO.
Was Youtube CEO Susan Wojcicki Fired?
Susan, the CEO of Youtube, announced her resignation on Thursday. She did not resign under duress; rather, she felt the time was right. The chief product officer, Neal Mohan, has been promoted to the position of chief executive officer, effective immediately; the news of Mohan’s promotion has been posted on many websites.
Today, after nearly 25 years at @Google, I’m stepping back to start a new chapter. I’m inspired every day by creators around the world who bring people together on @YouTube. It’s been an honor to have a front row seat to this incredible community. https://t.co/063sYalPzX
— Susan Wojcicki (@SusanWojcicki) February 16, 2023
Wojcicki has stated that she will not devote her whole time to the role of CEO at YouTube, but that she would continue to work with the company’s teams and management.
she mentioned in a social media post.
“Today, after nearly 25 years here, I’ve decided to step back from my role as the head of YouTube and start a new chapter focused on my family, health, and personal projects I’m passionate about,”
Wojcicki revealed that she voluntarily resigned from her role, citing her admiration for the leadership and talent at Youtube as the reason for her departure.
Youtube has a New Chief Executive Officer
Over the course of the last eight years, Neal Mohan has served as Wojcicki’s deputy. Once Susan leaves, Google CEO Sundar Pichai said, “Susan has developed an excellent team and has in Neal a successor who is ready to hit the ground running and lead YouTube into its next decade of success.”
Wojcicki expressed her gratitude to Mohan in a message, adding, “I’ve spent over 15 years of my career working with Neal, first when he moved over to Google with the DoubleClick purchase in 2007 and as his job expanded to become SVP of Display and Video Advertising.” He was elevated to YouTube’s highest product management position in 2015.
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He has an extraordinary grasp of our business, our creator and user communities, and our employees. If given the opportunity, Neal may become a great leader at YouTube. She went on to say that Neal is the perfect person to lead YouTube into its “most exciting prospects,” which she said include the company’s recent endeavors in the areas of “Shorts,” “streaming,” and “subscriptions,” as well as the potential of artificial intelligence.
Susan Wojcicki’s Net Worth And Earnings
Reportedly, the ex-CEO has made a lot of money throughout her time in that role. In 2006, she proposed that Google take care of YouTube after hearing of its popularity, and the company agreed to do so for $1.65 billion.
In 2022, her fortune was reported to be $765 million by Wikipedia. At Alphabet’s YouTube, where she worked as an employee, her annual compensation was $374,829. When she receives her bonus and publicizes her accomplishments, her pay could increase.
It has not been made public what her wealth or pay was in 2023, but given that salaries tend to go up every year, she may have had a little larger fortune then. As Wojcicki had known and worked with current CEO Neal Mohan for over 15 years, she had no doubts about his qualifications for the position.
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As she quit her job to spend more time with her family, her wealth should hopefully increase after she takes a break. The ex-CEO may also be concealing other, undisclosed sources of wealth, such as a business or assets.
She’s accomplished a lot in the digital world, including working in executive capacities at both Google and YouTube. Wojcicki had amassed a million-dollar fortune via her work, and in addition to financial success, she has also achieved widespread public renown.
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