August 12, 2016 Comments Off on Arianna Huffington Stepping Away from Huffington Post, Launching New Venture Views: 349 National News, New York, Northeast

Arianna Huffington Stepping Away from Huffington Post, Launching New Venture

In the coming weeks, Arianna Huffington will step away from the Huffington Post, the digital media entity she co-founded and built up for the past 11 years. As editor-in-chief, the 66-year old entrepreneur will leave her position to focus on her health and wellness start-up, Thrive Global.

Thrive Global is slated for launch in November, and will work with companies to focus on the well-being of their employees. The business is beginning at a time when the focus on the health and well-being of corporate employees is blooming.

The start-up recently received Series A funding from Lerer Hippeau Ventures, which was what spurred Arianna to re-evaluate her contract with the Huffington Post that positioned her as both president and editor-in-chief through 2019.

In 2011, AOL acquired the Huffington Post for $315 million. Despite ups and downs throughout her career, AOL’s CEO, Tim Armstrong, said, “Arianna is a visionary who built The Huffington Post into a truly transformative news platform.”

Read More at Wall Street Journal

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