Noel Biderman, the CEO of Avid Life Media, the company behind the extra-marital dating site Ashley Madison, is stepping down from his position "in mutual agreement with the company." In a statement released today, Avid says Noel Biderman the change "is in the best interest of the company." The decision comes after the site was hacked, revealing the identity of millions of potentially infidelious members.
Analysis of leak implied that Biderman himself had engaged in infidelity, and also shined a light on the site's questionable business practices. Most recently, it was revealed that a large portion of the "women" on the site were in fact bots, with the implication being that Ashley Madison was running these bots to extract money from its members.
Avid says that it remains "actively cooperating with international law enforcement in an effort to bring those responsible for the theft of proprietary member and business information to justice," adding that it is "steadfast in our commitment to our customer base." It will now search for a new CEO, with senior management stepping in to take over for the time being.
SOURCE: Avid Life Media
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