Fri, Feb 07, 2014 - Page 15 News List

Wojcicki set to take over leadership of YouTube unit

Bloomberg

Google Inc senior vice president Susan Wojcicki, one of the company’s first employees, will take over leadership of the company’s YouTube unit.

Wojcicki, the executive in charge of advertising products, will replace Salar Kamangar, who is taking an unspecified position within the company, said a person familiar with the moves who asked not to be identified because the role has not been announced. Wojcicki assumed more duties last year in commerce amid an executive shake-up at the Mountain View, California-based company.

“Like Salar, Susan has a healthy disregard for the impossible and is excited about improving YouTube in ways that people will love,” Google CEO Larry Page said on Wednesday in an e-mailed statement.

YouTube is adding content to woo viewers and advertisers. In addition to its free content, YouTube offers a video-rental service with titles from Viacom Inc’s Paramount Pictures and Walt Disney Co.

YouTube, acquired by Google in 2006, generated US$5.6 billion in gross advertising sales last year, according to EMarketer Inc. After paying back advertising partners and content creators, the company had US$1.96 billion in advertising revenue, up 66 percent from the previous year.

Wojcicki is well known for having provided the initial workspace for Google cofounders Page and Sergey Brin in 1998 at her house in Menlo Park, California.

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