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YouTube confirmed on Tuesday that Steve
Chen, a co-founder and most recently YouTube’s chief
technology officer, was no longer working at the company. Mr. Chen
left some time ago to work on unspecified engineering projects at
its parent, Google.
In an e-mail, YouTube spokesman Ricard
Reyes said: “Steve shifted his focus to help with some Google
engineering projects. He’s still involved with YouTube and
invested in its success.”
Mr. Chen co-founded YouTube in 2005 with
Chad Hurley, who remains chief executive, and Jawed Karim who left
the company early on to attend graduate school. Little more than a
year later, Google purchased YouTube for $1.65 billion, turning the
three founders into millionaires many times over. Mr Hurley’s
holdings were worth more than $345 million in February of 2007, Mr.
Chen’s more than $326 million, and Mr. Karim’s more
than $64 million.
Mr. Chen’s move, which was first
reported by the industry blog AllThingsD, was never officially
announced. In fact, the company’s Web site still lists him as
chief technology officer.
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