Yahoo employed Tapan Bhat as president and GM of Yahoo Finance to oversee its economic and business enterprise vertical — marking the seasoned exec’s return to the internet media company immediately after additional than a decade.
Bhat will report straight to Yahoo CEO Jim Lanzone. He starts at the enterprise May well 16 and will be centered in San Jose, Calif.
Most lately, Bhat used the past three yrs advising startups and their boards. In advance of that, he was main merchandise officer at NerdWallet, heading solution and engineering, style and design, information, income and partnerships for the private finance web site. He also served as chief item 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 final year for $5 billion to private-fairness organization Apollo Team. From 2005-10, when Yahoo was an independent company, Bhat served as Yahoo’s SVP of purchaser, in which he led the transformation of yahoo.com from a static web site of links to a portal featuring news, electronic mail previews and video. He also opened up Yahoo’s homepage to third-celebration written content, and has portion of that Bhat created Yahoo Buzz which supplied real-time highlights of the most well-liked content from exterior web-sites. Even though at Yahoo, Bhat also created Yahoo Glue, a universal lookup encounter, and amplified the company’s industry share internationally.
“We are thrilled to welcome back Tapan, whose practical experience in building and scaling consumer products, which include within the finance category, will assist us accelerate innovation across Yahoo Finance’s offerings for several years to come,” Lanzone, previously head of Tinder and CBS Interactive, stated in a assertion. “Tapan also has a exclusive record with the Yahoo model, shelling out a lot of years main some of the most essential items in the company’s historical past, and is returning to his roots to enable us generate a new period of development.”
Bhat commented, “Coming back to Yahoo immediately after all these several years is thrilling simply because it’s a absolutely new company… I seem ahead to getting element of this subsequent chapter of Yahoo’s journey as we establish new items and providers that will condition the future of customer finance and investing.”
Bhat retains a bachelor’s diploma in political science from the College of Michigan and an MBA in marketing from Georgetown University’s McDonough Faculty of Organization.
Yahoo says it reaches an viewers of nearly 900 million individuals globally. In addition to Yahoo Finance, its makes include things like AOL, Engadget, TechCrunch, Yahoo Athletics, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.