Benzinga | Sep 10, 2021 07:36PM EDT

Apollo Global Ropes In Tinder Chief As Yahoo's CEO; Tinder Names New CEO

* Apollo Global Management Inc (NYSE:APO) has named Match Group Inc (NASDAQ:MTCH) Tinder's CEO Jim Lanzone as the CEO of Yahoo Inc effective September 27.

* The asset manager acquired Yahoo from Verizon Communications Inc (NYSE:VZ) earlier this year.

* Lanzone succeeded Guru Gowrappan, who has been named Senior Advisor to Apollo's private equity business.

* Tinder has appointed its Europe GM and former Apple Inc (NASDAQ:AAPL) executive Renate Nyborg as the new CEO.

* Price Action: APO shares traded lower by 0.07% at $61.09 on the last check Friday.