Hulu CEO Jason Kilar, who is stepping down at the end of this quarter, has announced that Andy Forssell will be stepping up to lead the company as acting CEO after he departs.

Kilar wrote in his blog: “You know Andy well; he’s been a critical senior executive and has been here from the start of this great adventure. Andy exemplifies the Hulu culture and has been central to Hulu’s journey, helping to grow this company from two content partners and no revenue to over 450 content partners and approximately US$700 million revenue in 2012. In his role, Andy has built strong relationships with many of our Board members. Andy has the Board’s strong support in leading the team during this important time.”

Kilar also wrote that Disney and News Corporation are finalising their forward-looking plans with Hulu, and the senior team has been working closely with them in that process. Once the plans are finalised, a permanent decision will be made regarding the CEO position.