Noel Biderman, the CEO of Ashley Madison parent company Avid Life Media, is resigning.
According to a statement from Avid Life Media, senior management will captain the company until a new CEO can be appointed.
"This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees. We are steadfast in our commitment to our customer base," said the company.
Last month, Ashley Madison, a website which purported to connect married people with other married people for the purposes of stepping out on said marriages, fell victim to an enormous hack that saw millions upon millions of user records and company document leaked.
The most damning revelation from the info released in the hack was that Ashley Madison had far fewer women on the site than we thought – far fewer.
In fact, one analysis showed the the database contained just over 31 million men and 5.5 million women. But most of the latter accounts were inactive or worse, fake.
"We are actively adjusting to the attack on our business and members’ privacy by criminals. We will continue to provide access to our unique platforms for our worldwide members, says Avid Life."We are actively cooperating with international law enforcement in an effort to bring those responsible for the theft of proprietary member and business information to justice."
The company has put up a $377,000 reward for the capture of those responsible.
Earlier this year, Ashley Madison was looking to go public in Europe.