The head of the website Ashley Madison is out.

FOX News Radio's Jared Halpern reports:

Avid Life Media, the parent company for the website Ashley Madison says the CEO has stepped down, calling Noel Biderman's departure a mutual decision in the best interest of the company.

The Toronto-based website says it is actively adjusting to fallout from the hacking that revealed millions of members hoping to cheat on their spouses.

Avid Life Media is also offering a reward for information leading to the arrest of the hackers, who breached the website's customer data back in July, giving the company a month to comply with a demand to shut-down.

Jared Halpern, FOX News Radio.