Los Angeles Business Journal

Hulu's CEO, CTO Are Leaving Company

By Tom Dotan Friday, January 4, 2013

Hulu Chief Executive Jason Kilar said Friday that he will be resigning from the Internet video streaming company. Departing along with Kilar is Rich Tom, the company’s chief technical officer.

In 2007 the two were among the first employees at the West Los Angeles company, which streams popular TV shows and movies. Hulu, owned by Walt Disney Co., News Corp. and Comcast NBC Universal, reported revenue of $695 million for 2012.

“I’ve been so fortunate to play a role in this amazing, ongoing journey,” Kilar wrote in the blog post on the company’s site. “My decision to depart has been one of the toughest I’ve ever made.”

Kilar said he is officially stepping down at some point during the current quarter, though did not reveal a specific date. There was no mention of who will be filling his position or Tom’s.