Yahoo hired Tapan Bhat as president and GM of Yahoo Finance to oversee its monetary and company vertical — marking the seasoned exec’s return to the web media business after a lot more than a 10 years.
Bhat will report right to Yahoo CEO Jim Lanzone. He begins at the company May perhaps 16 and will be based in San Jose, Calif.
Most lately, Bhat spent the previous a few a long time advising startups and their boards. Just before that, he was chief merchandise officer at NerdWallet, heading product or service and engineering, structure, facts, income and partnerships for the particular finance web page. He also served as chief item officer at Realtor.com, a division of News Corp. Bhat, and has held senior roles at Adobe Techniques and Intuit.
Verizon Media sold Yahoo previous 12 months for $5 billion to non-public-fairness firm Apollo Group. From 2005-10, when Yahoo was an impartial corporation, Bhat served as Yahoo’s SVP of buyer, where by he led the transformation of yahoo.com from a static webpage of backlinks to a portal that includes news, e mail previews and movie. He also opened up Yahoo’s homepage to third-party content, and has component of that Bhat created Yahoo Buzz which supplied real-time highlights of the most well-liked articles or blog posts from external web pages. Even though at Yahoo, Bhat also produced Yahoo Glue, a common research working experience, and elevated the company’s market place share internationally.
“We are thrilled to welcome back again Tapan, whose knowledge in making and scaling customer items, which include within the finance class, will assistance us speed up innovation across Yahoo Finance’s offerings for yrs to come,” Lanzone, formerly head of Tinder and CBS Interactive, reported in a statement. “Tapan also has a special history with the Yahoo brand, paying out many many years major some of the most critical items in the company’s historical past, and is returning to his roots to assist us drive a new era of development.”
Bhat commented, “Coming again to Yahoo just after all these several years is fascinating simply because it is a absolutely new company… I look forward to becoming portion of this subsequent chapter of Yahoo’s journey as we acquire new solutions and expert services that will condition the long term of consumer finance and investing.”
Bhat retains a bachelor’s diploma in political science from the University of Michigan and an MBA in advertising and marketing from Georgetown University’s McDonough University of Business enterprise.
Yahoo states it reaches an viewers of practically 900 million folks globally. In addition to Yahoo Finance, its models incorporate AOL, Engadget, TechCrunch, Yahoo Sporting activities, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.
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