Co-founder of YouTube steps down as CEO

LONDON - The co-founder of YouTube, world’s largest video-sharing website, Clad Hurley, has terminated his stint as the website’s CEO.

However, Hurley said he would continue as an adviser to YouTube.

Google bought the YouTube website in 2006 for 1.65bn dollars and since then has been asserting more control over the popular site.

In a statement, Hurley said Google’s Salar Kamangar had led YouTube’s daily operations for the past two years while he had worked in an advisory role, reports the BBC.

Hurley was man behind YouTube, which started operations in 2005, along with Steve Chen and Jawed Karim, who have already left the firm.

Kamangar will take over as YouTube CEO. (ANI)