American web service provider, Yahoo has announced digital media veteran Jim Lanzone as its new CEO.
Lanzone, the CEO of Tinder and former head of CBS Interactive, will now join Yahoo on September 27.
He will join the company less than a month after the close of the $5 billion deal to sell Verizon Media (renamed Yahoo) to Apollo Group.
Lanzone takes over for former Verizon Media chief Guru Gowrappan, who has been named a senior adviser to Apollo’s private equity business.
Commenting on his new appointment, Lanzone said: “I am so honored to have the opportunity to lead Yahoo and represent such an iconic portfolio of brands as we enter a transformational new era for the company. I look forward to working with the exceptionally talented Yahoo team, globally, as we create and innovate daily on behalf of our millions of users and advertising partners worldwide.”
Lanzone spent just over a year at Match Group-owned dating app Tinder. With his exit, Match Group promoted Renate Nyborg, who joined Tinder last year as General Manager of Europe, the Middle East and Africa, to take over as CEO.
Nyborg, who met her now-husband on Tinder, will become the company’s first female CEO since its 2012 inception.
Before Tinder, Lanzone led the digital operations of CBS as chief digital officer and CEO of CBS Interactive, where from 2011-19 he oversaw the company’s 30-plus digital media brands and led development of the company’s first major streaming services, including CBS All Access (since rebranded Paramount Plus).
Lanzone joined CBS after its 2011 acquisition of Clicker Media, where he was co-founder and CEO. From 2001-08, he served in multiple executive roles at search engine Ask.com, including as CEO after the company’s acquisition by Barry Diller’s IAC. Lanzone is a member of the board of directors of GoPro. He holds a bachelor’s degree from UCLA and a dual law and MBA degree from Emory University.