AOL, Yahoo Expat to Become CEO of Financial Tech Startup

Reuters: U.S.-based financial technology start-up Ripple announced on Tuesday its CEO  Chris Larsen has decided to step down and will become the company’s executive chair. Larsen said Brad Garlinghouse, the firm’s current COO, will become the new CEO effective Jan. 1. Garlinghouse was the president of applications and commerce at AOL, and a senior vice president at Yahoo.