Angie's List drops on news of CTO departure

|By:, SA News Editor

Angie's List's (ANGI -3.1%) discloses Manu Thapar, the company's CTO since Oct. 2011, is no longer working for the company, and that his "responsibilities have been assumed by other members of the company's senior engineering team."

The disclosure's wording suggests Thapar, who had senior engineering positions at MySpace, Yahoo, and Cisco before joining Angie's List, might not have left on his own volition.

Last month, Angie's List hired Nokia exec Thomas Fox to be its CFO, ending a 5-month search.