OnlyFans CEO: Amrapali Gan succeeds founder Tim Stokely | Top stories

OnlyFans CEO: Amrapali Gan succeeds founder Tim Stokely

| Breaking News Updates | Yahoo news

Tim Stokely, the founder of OnlyFans, announced on Monday that he was stepping down as CEO of the video subscription company.

In one Post Instagram, Stokely said he was “moving on to new challenges” after five years at the helm of the company.

Amrapali Gan, who joined OnlyFans as Director of Marketing and Communications last year, will take over as CEO.

“I’m passing the baton on to a colleague and a friend, who has the vision and motivation to help the organization reach enormous potential,” said Stokely.

Prior to OnlyFans, Gan was vice president of marketing at Cannabis Cafe in Los Angeles – the first cannabis restaurant in the United States – where she worked on its launch and rebranding following her split from Lowell Herb Co.

OnlyFans started out as a platform for celebrities and sports personalities to produce videos and photos to share with subscribed fans.

But the UK-based company has become known for its sexually explicit and other adult content.

In August, OnlyFans announced it would ban sexually explicit content, under pressure from its banking partners. But the company reversed its decision days later, following backlash from content creators. The sex workers said they helped make the business successful and popular before they were left in the dust. OnlyFans said it was eventually able to secure funding to continue licensing all kinds of content on its platform.

OnlyFans claims to have paid over $ 5 billion to 1.5 million creators to date.

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