- On Thursday, Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube CEO Susan Wojcicki said that she’s stepping down. Chief product officer Neal Mohan will lead as the SVP and new head of YouTube.
- Susan Wojcicki announced her departure to YouTube employees in a note.
- She also has a long history with Google itself. Her parents owned the garage from which the company was originally started, and she was its 16th employee.
- Wojcicki joined YouTube as the CEO in 2014.
- “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,” she said.
- “This will allow me to call on my different experiences over the years to offer counsel and guidance across Google and the portfolio of Alphabet companies,” she wrote.
- Wojcicki is one of the most prominent female leaders in the tech industry men overwhelmingly dominate.
- Price Action: GOOG shares are up 0.14% at $97.24 on the last check Thursday.
Truist Securities Downgrades Red Rock Resorts to Hold
Truist Securities analyst Barry Jonas downgrades Red Rock Resorts (NASDAQ:RRR) from Buy to Hold.