Hulu CEO stepping down

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Friday, January 04, 2013

CNN: Hulu CEO Jason Kilar is leaving in the first quarter of the year, along with chief technology officer Rich Tom.

Both men have been with the company since its 2007 launch.

Rumors of Kilar's departure had been bubbling for several months. In July, reports said he was on the shortlist to take the CEO spot at Yahoo -- but Hulu reps quickly sent an unsolicited statement, emailed broadly to reporters, that Kilar "has graciously declined to be considered." (The Yahoo position later went to Google's Marissa Mayer.)

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