Ben Huh, the CEO of content network Cheezburger, has announced in a Medium post that he is stepping down from his position. Huh adds that he will remain a member of the company's board and that Cheezburger's President and COO, Scott Moore, will replace him as CEO.
Cheezburger is the company behind sites like I Can Has Cheezburger?, FAIL Blog, The Daily What, Know Your Meme, and Memebase, among others. At its peak in 2011, the network received 375 million views a month across its 50 sites.
Huh has described his step down as CEO as an "unscripted adventure" for himself and his wife Emily, Cheezburger's Director of Business Development, who also seems to be leaving the company.
Reflecting on the success of the Cheezburger network, Huh said in his post: "Emily and I have sprinted a marathon for the past 8-years. We became Internet Famous before there was Internet Famous, thanks to all of our users. I could not have guessed how starting a company and buying a lolcat website called I Can Has Cheezburger? in 2007 would change our lives and our small corner of the world."
Huh has faced some difficult times over the last few years; he was forced to fire a third of his staff in 2013 when Cheezburger stopped being profitable, and it was recently announced the circa news app he cofounded would be shutting down after running out of money.