Asia Bizz: Chad Hurley Co-Founder Of YouTube Steps Down From His CEO Post

Chad Hurley, the co-founder of YouTube, is reported to have stepped down from his post as the CEO. He said that he will remain as an adviser of the company, but Salar Kamangar, the vice President, would officially take over his place. Steve Chen, Jawed Karim and Chad Hurley had together found the YouTube service, which they later sold it to Google for $1.6 billion.

Salar is an employee of Google, and has been working very closely with YouTube, and one will say that, it is Salar who is behind YouTube, for making it more commercially attractive and profitable for Google. At it is for this reason, that YouTube gets a very strong traffic response almost everyday.

It has not yet been disclosed as why Chad took the decision to step down from his post as the CEO, but we are sure enough the Salar will be the one who is going to take his place in the company. YouTube is doing exceptionally well, and is the most visited video site in the world, as there is no website that can stand head on against YouTube, when it comes traffic pulling.