NEWS
08/28/2015 10:32 EDT | Updated 08/28/2016 01:12 EDT

Ashley Madison founder, CEO Noel Biderman leaves company after hack

TORONTO — Ashley Madison founder and CEO Noel Biderman is leaving Avid Life Media Inc. as part of a "mutual agreement" with the company.

The website, which facilitates extramarital affairs for a membership fee, was the victim of a cyberattack a month ago.

Hackers leaked a list of names purported to be users of Ashley Madison, claiming that the company refused to bow to their demands to close the site.

The hackers also claimed to have exposed data on millions of spouses who signed up.

The breach was a humbling moment for Ashley Madison, which had staked its reputation on discretion.

In a television interview last year, Biderman described the company's servers as "kind of untouchable."

An announcement from the company says its existing senior management team will lead the operations until a replacement is found.

The Canadian Press

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