CEO Jason Kilar Is Leaving Hulu, And He’s Taking His Cto With Him

Hulu CEO Jason Kilar has released a blog post informing the world that he, along with Cto Rich Tom, will be leaving the distribution service within the next couple of months. "In what is an understatement, this email has proven difficult for me to both write and send," admitted Kilar. "I’ve decided to depart Hulu in Q1. I am currently working with the Board to ensure there is ample runway to manage this transition." Kilar has been Hulu's leader since the company's inception in 2007. Since then, he has been a major force in its meteoric rise; last week, he informed the world of Hulu's 3 million paying subscribers and $700 million revenue, painting a picture of growth and prosperity. A few months become that, he became a very rich man when he sold $40 million of Hulu stock. All in all, things seemed to be going well for both Kilar and his company.
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