Hulu Losing CEO Jason Kilar, CTO Rich Tom

Los Angeles-based Hulu announced on its blog Friday afternoon that Jason Kilar, the firm's CEO, has decided to depart the company, along with CTO Rich Tom. Reason for the move was not given, however, Kilar said that the two will be working with the company's board to ensure "ample runway" in the transition. Although surprising, Kilar has been a top prospect in CEO and other top positions at Facebook and Yahoo, among other high profile technology companies. It's unclear if Kilar and Tom are heading to another company or might be embarking on their own startup.