Ashley Madison’s chief executive resigns, infidelity website to continue

Avid Life Media, the owner of Ashley Madison, says its founder and chief executive, Noel Biderman, is stepping down after hackers stole information belonging to more than 30 million users, but adds that the infidelity website will continue to operate.

"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," the company said in a statement. "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."

The Toronto-based company added that the website would continue to operate despite the massive hack and subsequent disclosure of private user date. "We will continue to provide access to our unique platforms for our worldwide members. We are actively cooperating with international law enforcement in an effort to bring those responsible for the theft of proprietary member and business information to justice," it added.

Earlier this week, Avid Life Media issued a 500,000 Canadian dollar (US$380,000) reward for information leading to the person or persons responsible for Ashley Madison hack.

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