Huffington Post founder and editor-in-chief to step down

‘It is important to know when one door closes and another opens,’ Arianna Huffington said. She will focus her attention on her new venture, Thrive Global.

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She announced her decision with the following tweet:

I thought HuffPost would be my last act. But I’ve decided to step down as HuffPost’s editor-in-chief to run my new venture, Thrive Global.

— Arianna Huffington (@ariannahuff) August 11, 2016

Huffington will focus on her new venture, a health and wellness startup called Thrive Global. Last week, it was announced that Thrive Global had obtained Series A funding.

“I really thought I could do both, but as we started building it up, I realized that it really needed my full attention,” Huffington told The Wall Street Journal. “It is important to know when one door closes and another opens, and I felt that moment had arrived.”

RELATED: Learn to find your leader’s real voice at the 2016 Leadership and Executive Communications Conference.

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