Hulu CEO and CTO to Step Down

Jason Kilar, Rich Tom leaving the company between now and March

Well, it was pretty clear to most people that this was coming: Jason Kilar is leaving Hulu, presumably with a huge payout. The exec's exit package has been estimated at $100 million and Kilar's presumed departure whenever he wants to go was more or less a foregone conclusion since Variety obtained a leaked memo sent in July outlining a "transition plan for [a] new CEO."

From Kilar's memo to staff: "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."

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