Match Group's CEO is Stepping Down, Being Replaced Internally
Match Group, the owner of online dating sites Tinder and Match, announced today that Mandy Ginsberg is stepping down as the longtime CEO, and is being replaced by Sharmistha Dubey. The changes will take place on March 1, 2020.
Dubey is currently Match Group's president, and has been on the board since late last year. Before becoming Ginsberg's deputy, she served as COO of the Tinder business.
The company also announced that CFO Gary Swidler will take on the role of COO, saying that he'll handle both jobs. Additionally, Faye Iosotaluno was named as Chief Strategy Officer and Justine Sacco as Chief Communications Officer.
Ginsberg has been with Match Group for 14 years, and will exit the board as well. She has reportedly cited personal reasons for her departure.
Match Group Chairman Joey Levin thanked Ginsberg for her service, stating, "Mandy has had a profound impact on Match Group's culture, the team, and through the success of our products, the world. She recruited Shar to the company more than a decade ago, and it's been incredible to witness what these two executives have built together.”