Arianna Huffington, Huffington Post‘s co-founder and editor-in-chief, has announced that she’ll be leaving the company within the next few weeks to focus on a health and wellness startup that will launch soon, according to sources.
Huffington was working on both the startup and Huffington Post, but realized that she could no longer continue focusing on both once she received Series A funding—the highest risk level—last week.
“I really thought I could do both, but as we started building it up, I realized that it really needed my full attention,” she told the Wall Street Journal. “It is important to know when one door closes and another opens and I felt that moment had arrived.”
Huffington was one of three founders of Huffington Post , along with Jonah Peretti and Kenneth Lerer, and the only one remaining in the organization.
In the past 11 years, Huffington Post has become a major media company and was a leader in the digital-only media revolution and has recently expanded globally.
Huffington’s new startup is scheduled to launch in November and she will definitively leave the company instead of taking a backseat position.