Bumble Inc. experiences a leadership change as CEO Lidiane Jones steps down for personal reasons. Amidst the transition, the company projects exceeding financial expectations for the fourth quarter.
Bumble Inc. has announced the resignation of its Chief Executive Officer, Lidiane Jones , effective immediately. Jones, who previously led Salesforce's Slack, took over the role from founder Whitney Wolfe Herd earlier this year. The company cited 'personal reasons' for Jones' departure. In a statement, Wolfe Herd expressed gratitude for Jones' contributions during a crucial period for Bumble , highlighting her leadership in establishing a solid foundation for the company's future.
Bumble, a dating app known for empowering women to initiate contact, went public in 2021 through a successful IPO. Founded by Wolfe Herd in 2014, the platform aims to create a safer online dating environment. The company announced Friday that it anticipates exceeding the midpoint of its projected revenue and Bumble App revenue for the fourth quarter, while adjusted EBITDA is expected to fall within the disclosed range. Alongside the CEO transition, Bumble revealed that Ann Mather, a lead director at the company, will assume the role of chair of the board of directors. Mather expressed confidence in Wolfe Herd's ability to lead Bumble's vision as the company intensifies its strategic execution
Bumble CEO Resignation Lidiane Jones Whitney Wolfe Herd Dating App Q4 Performance Ann Mather
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