CEO out at Ashley Madison parent firm after massive hack
The CEO of embattled Avid Life Media, the firm that operates the infidelity website AshleyMadison.com, stepped down today, according to the Canadian company.
"Effective today, Noel Biderman, in mutual agreement with the company, is stepping down as Chief Executive Officer of Avid Life Media Inc., and is no longer with the company," a statement by the company said Friday.
Ashley Madison, which admitted a massive data breach last week, is a website that caters to people seeking partners for extramarital affairs.
"This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees," added Avid Life Media's statement on Biderman's departure.
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