Bumble has revealed that Lidiane Jones is stepping down as CEO, with founder Whitney Wolfe Herd set to reassume the role. The leadership transition is expected to be finalized by mid-March, during which Jones will remain in charge of the dating app company. Jones, who previously served as the CEO of Salesforce’s Slack, is leaving her position due to personal reasons.
Wolfe Herd said that she was grateful for Lidiane’s leadership and the strong foundation she has built for Bumble’s future.
“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. We have exciting innovation ahead for Bumble in this bold new chapter,” said Wolfe Herd.
Meanwhile, Ann Mather, currently serving as lead director, will succeed Wolfe Herd as Chair of the Board of Directors.
“On behalf of the Board, I want to thank Lidiane for her significant contributions. She has played a vital role in positioning Bumble to create long-term value as the team continues to transform the customer experience for new generations of people seeking connections and love,” Mather added.
“We are fortunate to have a passionate and engaged founder in Whitney to drive Bumble’s vision as the Company accelerates the execution of its strategy,” Mather said.
Founded in 2014 by Wolfe Herd, Bumble is a dating app known for empowering women by encouraging them to make the first move. The company went public in 2021 with a strong market debut, but its market capitalization has since declined significantly, from $7.7 billion to approximately $847 million.