CEO of Ashley Madison's Parent Company Resigns After Hack

Following several weeks of fallout stemming from the massive Ashley Madison hack, the site's parenty company loses its CEO.

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Following the past few weeks' worth of increasingly troubling details surrounding the hack of Ashley Madison, the notorious cheating website's parent company just lost its CEO. Noel Biderman officially stepped down from his role as Avid Life Media CEO on Friday, in a move described as a "mutual agreement" aimed at helping the company move beyond the growing hack scandal:

Effective today, Noel Biderman, in mutual agreement with the company, is stepping down as Chief Executive Officer of Avid Life Media Inc. (ALM) and is no longer with the company. Until the appointment of a new CEO, the company will be led by the existing senior management team.

As noted by TechCrunch, the hacks also revealed Biderman's own history of affairs, including a paid escort in Toronto. As expected, there is currently no leading candidate to take on the active role of new CEO, as there is presumably no one even remotely excited by such an opportunity a curse.

Recent data analysis from Annalee Newitz revealed that Ashley Madison was essentially just a bunch of sad dudes talking to each and/or internally created fake accounts, adding another unfortunate layer to the growing hack controversy. Two class action suits have already been hurled at Ashley Madison, citing the company's failure to protect users' information.


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