Image via WikipediaSAN FRANCISCO (AFP) – YouTube co-founder Chad Hurley is stepping down as head of the online video-sharing superstar bought by Google for 1.65 billion dollars in 2006.
"For the past two years, I've taken on more of an advisory role at YouTube as Salar Kamangar has led the company's day-to-day operations," Hurley said in a statement released by YouTube on Friday.
"I will continue to serve as an advisor and am excited to witness the next phase of YouTube's growth."
Google web applications vice president Kamangar is filling the chief executive seat vacated by Hurley.
Google does not release revenue figures for YouTube, but senior executives have boasted that revenues from display advertising at the service is climbing and suggested recently that it is near profitability.
YouTube has been gradually adding professional content such as full-length television shows and movies to its vast trove of amateur video offerings in a bid to attract advertisers.
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