Bumble Inc. Announces Major Leadership Transition, Founder Whitney Wolfe Herd to Return as CEO
Bumble Inc. has announced a significant leadership transition, with founder Whitney Wolfe Herd set to return as CEO in mid-March 2025. The move follows the planned departure of current CEO Lidiane Jones, who has resigned for personal reasons and will remain in her role until the transition is complete.
“I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumble,” said Wolfe Herd. “As I step into the role of CEO, I’m energized and fully committed to Bumble’s success, our mission of creating meaningful, equitable relationships, and our opportunity ahead.”
Ann Mather, the current Lead Director, will become Chair of Bumble’s board of directors. The company also announced that it expects its fourth-quarter 2024 revenue and Bumble App revenue to surpass the midpoints of previously provided outlook ranges, with Adjusted EBITDA within the expected range.
The leadership change has been met with a positive market reaction, with Bumble shares surging 6.7% in premarket trading.