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Arianna Huffington to leave Huffington Post to focus on startup
She took to Twitter to elaborate on her decision.
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But Huffington has been very blunt in her distaste for Donald Trump, the Republican candidate for president.
Arianna Huffington will no longer head up her namesake publication, according to The Wall Street Journal.
Arianna HuffingtonHuffington Post co-founder Arianna Huffington said on Thursday she would leave the company to focus on running her new venture, health and wellness start-up Thrive Global. Huffington announced that startup in June.
“I step down as editor-in-chief filled with gratitude for our awesome HuffPost team and for what we’ve built together, and for Tim Armstrong who had the vision to buy HuffPost five years ago and to support from day one our global expansion”, she said in a statement on Thursday.
She has previously published books on health and well-being.
“Thrive Global’s mission is to change the way we work and live by ending the collective delusion that burnout is a necessary price for success”, Ms Huffinton tweeted. The issue is one Huffington has addressed in two books she has authored, “Thrive” and “The Sleep Revolution”, which was released earlier this year.
Huffington stayed in leadership after AOL bought the site in 2011 for a landmark $315 million.
But to be fair, the Huffington Post is one of the major news organization and digital media company that had recently almost 200 million monthly visitors around the world.
She, however, stated that the contract broadened her horizons and helped her to launch her new company “Thrive Global” even as she continued in her role at the site. “Today, The Huffington Post is a firmly established and celebrated news source, and AOL and Verizon are committed to continuing its growth and the groundbreaking work Arianna pioneered”.
But others had been speculating, since Yahoo was bought by Verizon last month, that Huffington might move on for fear of HuffPost being marginalized. It was a coincidence that it happened following the AOL buyout.
Tim Armstrong, CEO of AOL, called Huffington “a visionary”, noting the company “is grateful for what she has done in creating such an iconic brand”.
Huffington said she couldnt run The Huffington Post and Thrive Global at the same time.
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Huffington said that companies always succeed after their founders and stated that the website has a strong essence. “It is important to know when one door closes and another opens and I felt that moment had arrived”, she said, according to the report.