Technology
Monday, November 6th, 2023 2:57 pm EDT
Key Points
- Whitney Wolfe Herd, the founder and CEO of Bumble, is stepping down from her position early next year. Bumble is known for its approach where women make the first move in dating, and it was created by Wolfe Herd in 2014 to provide an empowering and safe online dating environment.
- Lidiane Jones, the CEO of Salesforce’s cloud-based messaging platform Slack, will succeed Wolfe Herd as CEO of Bumble starting on January 2, 2024. This transition was announced through a company release.
- Bumble’s shares experienced a more than 9% decline on Monday, and the company’s stock is down by 35% year-to-date. Whitney Wolfe Herd expressed the significance of this transition and her respect for Jones, mentioning that she will take on the role of Executive Chair when Jones assumes the CEO position. Lidiane Jones is enthusiastic about driving long-term, sustainable growth at Bumble and expressed her admiration for the company’s mission.
Whitney Wolfe Herd, the founder and CEO of the dating app Bumble, is stepping down from her position early next year. Bumble, known for requiring women to make the first move with dating prospects, was founded by Wolfe Herd in 2014 with the aim of creating an empowering and safe online dating space. Lidiane Jones, the CEO of Salesforce’s cloud-based messaging platform Slack, will succeed Wolfe Herd as CEO on January 2, 2024. This transition was announced in a company release. Shares of Bumble saw a more than 9% decline on Monday and have fallen 35% year-to-date.
Wolfe Herd expressed the importance of this moment and her deep respect for Jones, stating that she will take on the role of Executive Chair when Jones assumes the CEO position. Jones, who previously held executive roles at Salesforce and spent over a decade at Microsoft, has expressed her admiration for Bumble’s mission and her commitment to driving long-term, sustainable growth for the company.
Bumble will report its third-quarter results on Tuesday.
For the full original article on CNBC, please click here: https://www.cnbc.com/2023/11/06/bumble-founder-and-ceo-whitney-wolfe-herd-to-step-down.html
