Yahoo Appoints Tinder CEO Jim Lenzone as new CEO

Jim Lanzone, CEO of Tinder, was appointed Yahoo’s next CEO. That’s what Apollo Global Management announced on Friday, just a week after completing its internet pioneer takeover. With new leadership and leadership, will Yahoo be ready to regain its former glory?.

If you remember, Verizon decided in May to dump AOL and Yahoo to Apollo Global Management as part of a $5 billion deal. That was a big loss for Verizon, because the company paid $4.4 billion to AOL in 2015 and $4.48 billion to Yahoo the subsequent year.

Jim Lanzone Career Experience

Jim Lanzone is described as an experienced CEO with more than two decades of technology and media experience. He was appointed CEO of Tinder by Match Group on July 27, 2020, but previously led CBS Corporation’s digital operations and oversees more than 30 digital media brands.

Lanzone will become CEO of Yahoo on September 27, 2021.
Meanwhile, Tinder says that Renate Nyborg will fill the position. Nyborg joined the company last year as General Manager for Europe, Middle East and Africa. Your first day as CEO will also fall on September 27th.

Yahoo.com, which competes with newer, albeit larger, providers such as Google and Facebook, is one of the five most visited websites in the US and one of the top 20 in the world according to Alexa Internet, a past analytics company. cross web.

Lanzone wil replace Guru Gowrappan who is head of Verizon’s media business since 2018 now has been appointed senior advisor to Apollo’s private equity business.

Read more PayPal increases Tax fees Between Europe and UK

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

The Free YouTube Music Tier Will Soon Be Audio-Only

0
YouTube Music, in contrast to other streaming services such as Apple Music, which do not provide a free tier, does so in an effort to compete with other platforms.