Jason Kilar, the founding chief executive of Hulu, announced today that he’s resigning.
Kilar (pictured) said in a blog post that he’ll leave the Los Angeles-based company in the first quarter, along with his chief technology officer, Rich Tom.
“My decision to depart has been on of the toughest I’ve ever made,” he said in the sayonara post, which noted recent gains by the service.
Hulu generated nearly $700 million in sales last year and added more than 200,000 new subscribers in just the last week, he noted. Hulu now has more than 600 employees — some at a Seattle engineering office that opened in 2010 — and has generated more than $1 billion for content partners since it began service in 2007.
Kilar has been expected to move on from Hulu since his disagreements with the networks who own the service became public in 2011. He was considered a candidate for the top job at Yahoo last summer but declined to pursue the position.
Kilar is a former Amazon.com executive. He rose to senior vice president of application software, after serving as vice president of its North American media business, in charge of books, music and video sales. He kept his Seattle house after taking the Hulu job in 2007.
Tom is also a Seattle guy. He spent eight years developing software at Microsoft before he joined Hulu in 2007.
I’ve reached out to see if they are coming back to Seattle and will update this if I hear back.