Bumble CEO Whitney Wolfe Herd to Step Down, Slack CEO to Take Over

1 min read
Source: The New York Times
Bumble CEO Whitney Wolfe Herd to Step Down, Slack CEO to Take Over
Photo: The New York Times
TL;DR Summary

Whitney Wolfe Herd, the founder of Bumble, a women-centered dating app, is stepping down as CEO after a decade and will be replaced by Lidiane Jones, the CEO of Slack. Wolfe Herd will remain at Bumble as its executive chair. Bumble went public in 2021 and had 2.5 million paying users as of June. The dating app industry has faced challenges with sluggish revenue and user growth. Jones, a native of Brazil, plans to focus on using artificial intelligence to accelerate matchmaking on the app.

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