Yahoo hired Tapan Bhat as president and GM of Yahoo Finance to oversee its economical and enterprise vertical — marking the seasoned exec’s return to the world wide web media business just after additional than a ten years.
Bhat will report immediately to Yahoo CEO Jim Lanzone. He begins at the organization Could 16 and will be primarily based in San Jose, Calif.
Most lately, Bhat put in the very last 3 decades advising startups and their boards. Just before that, he was main products officer at NerdWallet, heading products and engineering, style and design, details, profits and partnerships for the individual finance website. He also served as chief solution officer at Real estate agent.com, a division of News Corp. Bhat, and has held senior roles at Adobe Techniques and Intuit.
Verizon Media marketed Yahoo past yr for $5 billion to personal-fairness agency Apollo Team. From 2005-10, when Yahoo was an independent enterprise, Bhat served as Yahoo’s SVP of shopper, where he led the transformation of yahoo.com from a static web site of backlinks to a portal showcasing information, e mail previews and video. He also opened up Yahoo’s homepage to 3rd-get together content, and has element of that Bhat developed Yahoo Buzz which presented authentic-time highlights of the most well known articles or blog posts from external websites. Although at Yahoo, Bhat also formulated Yahoo Glue, a universal lookup knowledge, and amplified the company’s market place share internationally.
“We are thrilled to welcome again Tapan, whose expertise in developing and scaling shopper solutions, which include in the finance group, will assistance us speed up innovation throughout Yahoo Finance’s choices for years to occur,” Lanzone, previously head of Tinder and CBS Interactive, mentioned in a statement. “Tapan also has a one of a kind heritage with the Yahoo manufacturer, expending quite a few several years top some of the most vital goods in the company’s history, and is returning to his roots to enable us drive a new era of growth.”
Bhat commented, “Coming back again to Yahoo after all these many years is interesting for the reason that it is a entirely new company… I search ahead to currently being component of this up coming chapter of Yahoo’s journey as we acquire new solutions and solutions that will condition the future of client 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 University of Organization.
Yahoo states it reaches an audience of almost 900 million men and women around the world. In addition to Yahoo Finance, its makes consist of AOL, Engadget, TechCrunch, Yahoo Sporting activities, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.