Ashley Madison CEO Resigns Following Rumors of Alleged Affairs

Noel Biderman, chief executive officer of Avid Life Media, the company that owns and operates the married dating website Ashley Madison, has resigned from his position.
According to an article on Wired:

It’s been a month since news first broke that cheating site Ashley Madison was hacked. During that time Noel Biderman, CEO of the site’s parent company Avid Life Media, has remained confident in his company’s strength and endurance.
After Biderman refused to bend to the hackers’ demand to take Ashley Madison and another site offline, the perpetrators began to leak data stolen from the company’s networks. At first, the data was only about Ashley Madison’s spouse-cheating customers, but last week, private emails from Biderman’s corporate account hit the web. Today, following stories that Biderman may have engaged in a number of extramarital affairs, as revealed in those emails—ALM announced that Biderman is stepping down as head of the company.

 
According to a statement from the company:

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. This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees. We are steadfast in our commitment to our customer base.

Click here to read the full article on Wired.