Whitney Wolfe Hurd speaks onstage in Dana Point, California.
Joe Skanich | Getty Images Entertainment
Bumble Founder Whitney Wolfe Herd will return to the company as CEO, more than a year later Step down From role to company declare Friday.
Bumble said its current CEO Lidiane Jones resigned due to “personal reasons.” Jones previously served as the company’s CEO salesperson’s Slack, a cloud-based messaging platform. She will continue to lead Bumble until Wolfe Herd takes over in mid-March.
“I am deeply grateful for the transformative work Lidiane has led at a critical time for Bumble,” Wolfe Herd said in a statement. “Her leadership has laid a strong foundation for our future.”
Bumble is a dating app that encourages women to make the first move. Wolfe Herd founded the company in 2014 to create a safer online dating community. Bumble successfully goes public 2021 Initial Public Offeringsbut its market value has dropped from US$7.7 billion when it was listed to about US$847 million.
The company said on Friday that it expects total revenue and Bumble App revenue to be above the midpoint of the fourth-quarter outlook range it provided, and to control adjusted EBITDA within the disclosed outlook range.
The company’s shares rose 6% in premarket trading on Friday.
Bumble said that in addition to the CEO transition, Ann Mather, who serves as the company’s lead director, will serve as chairman of the board.
“We are fortunate to have a passionate and dedicated Whitney founder to drive Bumble’s vision as the company accelerates the execution of its strategy,” Mather said in a statement.
