LendingTree CEO Doug Lebda died on Oct. 12 following an ATV accident the company said. Picture from LendingTree.
CHARLOTTE, NC – LendingTree, Inc. says Charlotte-based CEO Doug Lebda passed away unexpectedly on Sunday, Oct. 12 in an all-terrain vehicle accident.
The company’s Board of Directors has named Scott Peyree, the Company’s Chief Operating Officer and President, as the Company’s President and Chief Executive Officer, effective immediately.
The Board of Directors issued the following statement: “We are deeply saddened by the sudden passing of Doug. Doug was a visionary leader whose relentless drive, innovation and passion transformed the financial services landscape, touching the lives of millions of consumers. Since founding LendingTree in 1996, Doug dedicated himself to building a company rooted in consumer empowerment, championing a mission to simplify financial decisions and fostering economic opportunity for all.
Doug’s unwavering commitment to our team, customers and partners shaped LendingTree’s culture and values and permanently changed the way in which consumers access financial products. His passion will continue to inspire us as we move forward together. We extend our deepest sympathies to Doug’s family and loved ones during this difficult time.
The Board will work closely with Scott and the leadership team to honor Doug’s vision. We are committed to upholding his legacy and continuing the work he began with passion, integrity and dedication.”
LendingTree is an online financial platform for loans, credit cards, insurance and more.
