DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage throughout Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media)
Jerod Harris | Getty Images Entertainment | Getty Images
Whitney Wolfe Herd, founder and CEO of the courting app Bumble, is stepping down from her position on the helm of the corporate early subsequent 12 months.
Bumble requires girls to make the primary transfer with courting prospects, and Wolfe Herd based the corporate in 2014 as a option to create an empowering and secure on-line courting area. She will probably be succeeded by Lidiane Jones, CEO of Salesforce’s cloud-based messaging platform Slack, on Jan. 2, 2024, in line with an organization launch Monday.
Shares of Bumble had been down greater than 6% in morning buying and selling Monday and have fallen 35% 12 months thus far.
“It’s a monumental moment, one that has taken a great deal of time, consideration and care, for me to pass the baton to a leader and a woman I deeply respect,” Wolfe Herd mentioned in a launch. She will transition to a brand new position as government chair when Jones takes over as CEO.
Jones secured the highest job at Slack earlier this 12 months after holding different government roles at Salesforce and spending greater than a decade at Microsoft. She mentioned she has “long admired” Bumble’s mission and is wanting ahead to driving “long-term, sustainable growth” on the firm.
She added that she is “grateful to have the support of my colleagues at Slack and Salesforce.” Representatives for Salesforce didn’t instantly reply to CNBC’s request for remark.
Bumble is scheduled to report its third-quarter outcomes on Tuesday.
Don’t miss these tales from CNBC PRO: