Apollo Global Ropes In Tinder Chief As Yahoo's CEO; Tinder Names New CEO

  • Apollo Global Management Inc (NYSE:APO) has named Match Group Inc (NASDAQ:MTCH) Tinder's CEO Jim Lanzone as the CEO of Yahoo Inc effective September 27.
  • The asset manager acquired Yahoo from  Verizon Communications Inc (NYSE:VZ) earlier this year.
  • Lanzone succeeded Guru Gowrappan, who has been named Senior Advisor to Apollo's private equity business.
  • Tinder has appointed its Europe GM and former Apple Inc (NASDAQ:AAPL) executive Renate Nyborg as the new CEO.
  • Price Action: APO shares traded lower by 0.07% at $61.09 on the last check Friday.
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