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 company just after far more than a ten years.
Bhat will report instantly to Yahoo CEO Jim Lanzone. He begins at the firm May well 16 and will be based in San Jose, Calif.
Most lately, Bhat put in the very last three a long time advising startups and their boards. Before that, he was main merchandise officer at NerdWallet, heading item and engineering, style and design, facts, earnings and partnerships for the personal finance web page. He also served as chief product or service officer at Real estate agent.com, a division of Information Corp. Bhat, and has held senior roles at Adobe Programs and Intuit.
Verizon Media offered Yahoo very last year for $5 billion to private-fairness organization Apollo Group. From 2005-10, when Yahoo was an unbiased business, Bhat served as Yahoo’s SVP of client, exactly where he led the transformation of yahoo.com from a static web page of back links to a portal showcasing news, electronic mail previews and movie. He also opened up Yahoo’s homepage to third-occasion material, and has section of that Bhat created Yahoo Buzz which delivered true-time highlights of the most well known articles from exterior web sites. Whilst at Yahoo, Bhat also created Yahoo Glue, a universal look for working experience, and elevated the company’s marketplace share internationally.
“We are thrilled to welcome back again Tapan, whose encounter in constructing and scaling consumer merchandise, such as inside the finance group, will enable us speed up innovation across Yahoo Finance’s offerings for a long time to come,” Lanzone, formerly head of Tinder and CBS Interactive, claimed in a statement. “Tapan also has a exceptional history with the Yahoo brand, paying numerous decades main some of the most important products and solutions in the company’s history, and is returning to his roots to assist us travel a new period of development.”
Bhat commented, “Coming back to Yahoo following all these yrs is exciting because it is a absolutely new company… I search ahead to being portion of this next chapter of Yahoo’s journey as we acquire new merchandise and products and services that will form the long term of customer finance and investing.”
Bhat holds a bachelor’s diploma in political science from the College of Michigan and an MBA in promoting from Georgetown University’s McDonough College of Enterprise.
Yahoo says it reaches an audience of practically 900 million people around the globe. In addition to Yahoo Finance, its makes incorporate AOL, Engadget, TechCrunch, Yahoo Sporting activities, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.