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Hulu’s CEO is Stepping Down

After four years as CEO of Hulu and pushing many changes in the service Hulu’s CEO Mike Hopkins is stepping down. Back in 2013 Mike Hopes was named as CEO of Hulu. Since he took over Mr Hopkins has launched Hulu with Live TV, made numerous deals to grow the Hulu catalog, launched original programming like The Handmaid’s Tale, and has added the service to many new devices.

Randy Freer Hulu’s New CEO

Hulu’s Board named Randy Freer as the new CEO of Hulu. Freer, is already a member of the Hulu Board, has been President and COO of Fox Networks Group since 2013. Freer will become the new CEO on Monday.

The Hulu Board said in a statement: “We want to thank Mike for his leadership in steering Hulu to its current era of growth and success. Randy has a unique knowledge of Hulu and expertise building consensus among its owners, and an excellent track record leading a complex organization at the nexus of the television business. There’s no better candidate to lead Hulu as it embarks on its next chapter.”

Freer said: “Hulu is at the center of transformation in entertainment. Hulu’s management team and employees have positioned Hulu to be a leader in defining the future of content creation, distribution and monetization – all while putting the viewer first. I’d like to thank Hulu’s Board for this exciting opportunity.”

“Leading Hulu for the past four years has been the single most meaningful experience of my career. It has been an enormous privilege to work with this vibrant, creative and fearless team to build Hulu into the success it is today,” said Hopkins. “I want to thank Rupert, Bob, James, Lachlan and the entire Hulu board for giving me this opportunity, and I am especially grateful to the more than 2,000 Hulugans who make Hulu such an inspiring place to be.”

According to reports, Mike Hopkins will become Sony Pictures TV Chairman.

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