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Bumble Founder Whitney Wolfe Herd to Return as CEO in March 2025, Replacing Lidiane Jones Amid Q4 Revenue Surge

Jan 17, 2025, 02:09 PM

Bumble Inc. announced that its founder, Whitney Wolfe Herd, will return as Chief Executive Officer effective mid-March 2025, replacing Lidiane Jones, who is stepping down for personal reasons. The leadership transition comes as the company anticipates its fourth-quarter revenue, including Bumble app revenue, to exceed the midpoint of its guidance, with adjusted EBITDA within the disclosed range. Wolfe Herd, who founded Bumble in 2014 to promote a safer online dating environment, will take over after a year-long tenure by Jones, who previously led Slack. The announcement led to a surge in Bumble's stock price, with shares trading higher following the news. Additionally, Bumble is undergoing further executive changes, with the planned departures of its Chief Financial Officer and Chief Marketing Officer in 2025, and the appointment of Ann Mather as the new chair of the board of directors.