JAKARTA - The shocking news came from OnlyFans founder, Tim Stokely, who has reportedly resigned from his role as Chief Executive Officer (CEO).
Stokely left OnlyFans while the app was hitting billions of dollars but struggled to gain acceptance from major investors.
Instead, Stokely have appointed Amrapali "Ami" Gan, a woman who has served as the company's head of marketing and communications since 2020, to lead the subscription platform.
"Gan will take over the day-to-day leadership of the Company from Tim Stokely, who will step down to pursue new endeavors. Stokely has led the company for the past five years and appointed Gan to continue the company's growth and drive his vision and commitment to empowering creators," said OnlyFans in a release. official quoted by VOI and NBC News, Wednesday, December 22.
OnlyFans is a subscription platform launched in 2016, helping to kickstart an entrepreneurial movement among adult content creators, which claims to have 130 million users and 2 million content creators.
Ami and Stokely have worked closely together as the billion-dollar company exploded with growth. Stokely will continue OnlyFans as advisor guiding this leadership transition.
“Ami has a deep passion for the OnlyFans business and I passed the baton on to a friend and colleague who had the vision and drive to help the organization reach its extraordinary potential,” said Stokely.
“OnlyFans is still a new company and Ami brings fresh energy and reflects who we are as a business.”
Previously, Ami is known to have worked with companies such as Red Bull and Quest Nutrition, she said, "proud to take on this role."
"I look forward to continuing to work with our community of content creators to help them maximize control and monetize their content," said Ami.
Citing the New York Post, in August, the company suddenly announced it would ban sexually explicit content from its site, a Stokely decision stating it was because of discrimination from the bank.
He chose JPMorgan and Bank of New York Mellon to close accounts and flag transactions related to sex work. The company is also reportedly struggling to gain support from traditional venture capital investors.
Unfortunately, many of them avoid investing in industries such as pornography, alcohol, and firearms. However, the ban on pornographic content angered the content creators working in the world, forcing OnlyFans to cancel the ban.
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