Ashley Madison CEO steps down after hack, data breach
The founder of AshleyMadison.com, a site which helps married people cheat on their partners, has left the company, a month after the company suffered a massive data breach on its systems.
Noel Biderman, the chief executive of parent company Avid Life Media, is no longer in his position "in mutual agreement with the company," said a statement Friday.
The move is said to be "in the best interest of the company, and allows us to continue to provide support to our members and dedicated employees," the statement read.
Existing senior leadership will now take on portions of the chief executive's former responsibilities.
Biderman's departure comes at a tumultuous time for the company, which some believe to be unrecoverable, after a massive data breach that led to data on its 36 million users released online. Personal data, including credit card transactions, and more were leaked on August 18, with a separate cache of included internal corporate emails and documents leaking online days later.
The statement added that the company is "actively adjusting to the attack" and will "continue" to provide its services.