Yahoo Hires Tapan Bhat as GM of Finance Vertical, in Tech Veteran’s Return to Company (EXCLUSIVE)

Linda D. Klein

Yahoo hired Tapan Bhat as president and GM of Yahoo Finance to oversee its money and company vertical — marking the seasoned exec’s return to the net media company after much more than a decade.

Bhat will report immediately to Yahoo CEO Jim Lanzone. He starts at the corporation May perhaps 16 and will be dependent in San Jose, Calif.

Most not long ago, Bhat used the past three yrs advising startups and their boards. Right before that, he was chief product or service officer at NerdWallet, heading item and engineering, design, information, revenue and partnerships for the individual finance internet site. He also served as chief merchandise officer at Realtor.com, a division of Information Corp. Bhat, and has held senior roles at Adobe Programs and Intuit.

Verizon Media bought Yahoo very last year for $5 billion to non-public-equity organization Apollo Team. From 2005-10, when Yahoo was an unbiased enterprise, Bhat served as Yahoo’s SVP of customer, where by he led the transformation of yahoo.com from a static web page of one-way links to a portal featuring news, e mail previews and movie. He also opened up Yahoo’s homepage to 3rd-celebration content material, and has aspect of that Bhat produced Yahoo Buzz which presented real-time highlights of the most popular posts from exterior sites. When at Yahoo, Bhat also designed Yahoo Glue, a universal research practical experience, and enhanced the company’s market share internationally.

“We are thrilled to welcome back again Tapan, whose knowledge in setting up and scaling purchaser items, which includes in the finance classification, will assist us speed up innovation across Yahoo Finance’s offerings for yrs to occur,” Lanzone, previously head of Tinder and CBS Interactive, mentioned in a statement. “Tapan also has a special record with the Yahoo brand, paying a lot of a long time major some of the most vital merchandise in the company’s historical past, and is returning to his roots to help us drive a new era of progress.”

Bhat commented, “Coming again to Yahoo following all these several years is enjoyable for the reason that it is a totally new company… I appear ahead to getting aspect of this next chapter of Yahoo’s journey as we produce new goods and services that will form the future of buyer finance and investing.”

Bhat retains a bachelor’s diploma in political science from the College of Michigan and an MBA in internet marketing from Georgetown University’s McDonough School of Company.

Yahoo claims it reaches an viewers of approximately 900 million people throughout the world. In addition to Yahoo Finance, its brand names involve AOL, Engadget, TechCrunch, Yahoo Sporting activities, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.

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