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

Apollo Global Management Inc APO has named Match Group Inc MTCH Tinder's CEO Jim Lanzone as the CEO of Yahoo Inc effective September 27.
The asset manager acquired Yahoo from Verizon Communications Inc 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 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.