Tapan Bhat Hires as GM of Yahoo Finance

Yahoo hired Tapan Bhat as president and GM of Yahoo Finance to oversee its financial and business enterprise vertical — marking the seasoned exec’s return to the world wide web media company just after additional than a decade.

Bhat will report instantly to Yahoo CEO Jim Lanzone. He starts at the enterprise Might 16 and will be dependent in San Jose, Calif.

Most not too long ago, Bhat spent the last 3 years advising startups and their boards. In advance of that, he was chief product officer at NerdWallet, heading products and engineering, style and design, info, income and partnerships for the own finance web site. He also served as chief product or service officer at Realtor.com, a division of Information Corp. Bhat, and has held senior roles at Adobe Devices and Intuit.

Verizon Media sold Yahoo very last calendar year for $5 billion to non-public-fairness agency Apollo Group. From 2005-10, when Yahoo was an impartial business, Bhat served as Yahoo’s SVP of customer, exactly where he led the transformation of yahoo.com from a static web page of hyperlinks to a portal that includes information, email previews and video clip. He also opened up Yahoo’s homepage to third-party written content, and has part of that Bhat developed Yahoo Buzz which offered true-time highlights of the most well-known posts from exterior web sites. When at Yahoo, Bhat also formulated Yahoo Glue, a common search expertise, and enhanced the company’s market share internationally.

“We are thrilled to welcome back Tapan, whose practical experience in making and scaling customer products, together with within just the finance group, will support us accelerate innovation across Yahoo Finance’s offerings for decades to arrive,” Lanzone, previously head of Tinder and CBS Interactive, mentioned in a statement. “Tapan also has a one of a kind heritage with the Yahoo model, expending numerous a long time main some of the most significant goods in the company’s heritage, and is returning to his roots to aid us travel a new era of development.”

Bhat commented, “Coming back to Yahoo following all these decades is remarkable since it’s a absolutely new company… I glance forward to getting element of this upcoming chapter of Yahoo’s journey as we establish new merchandise and products and services that will condition the long term of buyer finance and investing.”

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

Yahoo claims it reaches an viewers of almost 900 million men and women globally. In addition to Yahoo Finance, its brands include AOL, Engadget, TechCrunch, Yahoo Sporting activities, Yahoo Finance, Yahoo Fantasy and Yahoo Mail.