Today's Hard|Forum Post
Today's Hard|Forum Post

Friday August 28, 2015

The CEO of Ashley Madison's Parent Company Is Stepping Down

The fallout over the Ashley Madison hack continues as the CEO of Avid Life Media steps down today.

In a statement forwarded to press minutes ago, ALM announced that Biderman is stepping down. "Until the appointment of a new CEO, the company will be led by the existing senior management team," the statement reads. The decision was apparently made by Biderman "in mutual agreement with the company."