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Bumble Inc. Announces Leadership Transition to Drive its Next Phase of Transformation

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Bumble Inc. (NASDAQ: BMBL) announced a leadership transition as Founder and Executive Chair Whitney Wolfe Herd will return as CEO in mid-March 2025, succeeding Lidiane Jones who resigned for personal reasons. Jones will continue as CEO until the transition.

In connection with this change, current Lead Director Ann Mather will become Chair of Bumble's board of directors. The company also reported positive financial expectations, stating that Q4 2024 total revenue and Bumble App revenue are expected to be above the midpoints of previously provided outlook ranges, with Q4 Adjusted EBITDA within the previously disclosed outlook range.

Bumble Inc. (NASDAQ: BMBL) ha annunciato un cambiamento nel leadership poiché il Fondatore e Presidente Esecutivo Whitney Wolfe Herd tornerà come CEO a metà marzo 2025, succedendo a Lidiane Jones che si è dimessa per motivi personali. Jones continuerà come CEO fino alla transizione.

In connessione con questo cambiamento, l'attuale Direttore Principale Ann Mather diventerà Presidente del consiglio di amministrazione di Bumble. L'azienda ha anche comunicato aspettative finanziarie positive, dichiarando che il fatturato totale del Q4 2024 e il fatturato dell'app Bumble dovrebbero superare i punti medi delle stime precedentemente fornite, con l'EBITDA Ajustato del Q4 all'interno dell'intervallo di stima precedentemente divulgato.

Bumble Inc. (NASDAQ: BMBL) anunció una transición en el liderazgo, ya que la Fundadora y Presidenta Ejecutiva Whitney Wolfe Herd volverá como CEO a mediados de marzo de 2025, sucediendo a Lidiane Jones, quien renunció por motivos personales. Jones continuará como CEO hasta la transición.

En relación con este cambio, la actual Directora Principal Ann Mather se convertirá en Presidenta de la junta directiva de Bumble. La compañía también reportó expectativas financieras positivas, afirmando que los ingresos totales del Q4 2024 y los ingresos de la aplicación Bumble se espera que estén por encima de los puntos medios de las proyecciones previas, con un EBITDA Ajustado del Q4 dentro del rango de proyecciones previamente divulgado.

Bumble Inc. (NASDAQ: BMBL)는 창립자이자 이사회 의장인 Whitney Wolfe Herd가 2025년 3월 중순에 CEO로 복귀할 것이라고 발표했습니다. 이는 개인 사유로 사임한 Lidiane Jones를 이어받는 것입니다. Jones는 전환이 완료될 때까지 CEO로 계속 활동할 것입니다.

이번 변화와 관련하여 현재의 수석 이사 Ann Mather가 Bumble의 이사회 의장이 됩니다. 또한 회사는 긍정적인 재무 전망을 보고하며, 2024년 4분기 총 수익과 Bumble 앱 수익이 이전에 제공한 전망 범위의 중간값을 초과할 것으로 예상하고 있으며, 4분기 조정 EBITDA는 이전에 공개된 전망 범위 내에 있을 것이라고 밝혔습니다.

Bumble Inc. (NASDAQ: BMBL) a annoncé une transition de leadership, car la Fondatrice et Présidente Exécutive Whitney Wolfe Herd retournera en tant que PDG à la mi-mars 2025, succédant à Lidiane Jones qui a démissionné pour des raisons personnelles. Jones continuera en tant que PDG jusqu'à la transition.

En lien avec ce changement, l'actuelle Directrice Principale Ann Mather deviendra Présidente du conseil d'administration de Bumble. L'entreprise a également rapporté des attentes financières positives, indiquant que le chiffre d'affaires total du Q4 2024 et le chiffre d'affaires de l'application Bumble devraient dépasser les médianes des prévisions fournies précédemment, avec un EBITDA ajusté du Q4 dans la fourchette de prévisions précédemment divulguée.

Bumble Inc. (NASDAQ: BMBL) gab einen Führungswechsel bekannt, da die Gründerin und Executive Chair Whitney Wolfe Herd Mitte März 2025 wieder als CEO fungieren wird und Lidiane Jones, die aus persönlichen Gründen zurückgetreten ist, nachfolgt. Jones wird bis zur Übergabe weiterhin als CEO tätig sein.

Im Zusammenhang mit diesem Wechsel wird die derzeitige Hauptdirektorin Ann Mather Vorsitzende des Vorstands von Bumble. Das Unternehmen berichtete ebenfalls von positiven finanziellen Erwartungen und gab an, dass die Gesamteinnahmen im 4. Quartal 2024 sowie die Einnahmen der Bumble-App voraussichtlich über den Durchschnittswerten der zuvor bereitgestellten Ausblicksspannen liegen werden, mit einem Adjusted EBITDA für das 4. Quartal innerhalb des zuvor bekannt gegebenen Ausblicksbereichs.

Positive
  • Q4 2024 total revenue expected above midpoint guidance
  • Bumble App revenue projected above midpoint guidance
  • Q4 Adjusted EBITDA within guidance range
  • Founder returning to CEO position indicates strong leadership continuity
Negative
  • CEO Lidiane Jones resigning after short tenure
  • Leadership instability may impact operational execution

Founder and Executive Chair Whitney Wolfe Herd to Return as CEO, Succeeding Lidiane Jones After Her Planned Departure in Mid-March 2025

AUSTIN, Texas--(BUSINESS WIRE)-- Bumble Inc. (NASDAQ: BMBL) today announced that Founder and Executive Chair, Whitney Wolfe Herd, will become Chief Executive Officer, effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her role for personal reasons. Jones will continue as CEO until the transition takes effect.

“I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumble, and her leadership has been instrumental in building a strong foundation for our future,” said Wolfe Herd. “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.”

Jones said, “Bumble has made tremendous progress over the past year in building a platform for renewed, sustainable growth, and I will be forever proud of the work we’ve done for this beloved global brand. It has been an honor to serve Bumble’s stakeholders, and I will remain an enthusiastic supporter of Whitney and the Company, especially the outstanding team behind the brand.”

In connection with Wolfe Herd’s appointment as CEO, current Lead Director, Ann Mather, will become Chair of Bumble’s board of directors.

Mather commented, “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. 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.”

The Company also announced that it expects to report fourth quarter 2024 total revenue and Bumble App revenue above the midpoints of the previously provided outlook ranges, respectively, and fourth quarter Adjusted EBITDA within the previously disclosed outlook range.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current views with respect to, among other things, statements related to changes in its senior leadership and its financial outlook for the fourth quarter 2024. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by the use of words such as “outlook,” “believe(s),” “expect(s),” “potential,” “continue(s),” “may,” “will,” “should,” “could,” “would,” “seek(s),” “predict(s),” “intend(s),” “trends,” “plan(s),” “estimate(s),” “anticipates,” “projection,” “will likely result” and or the negative version of these words or other comparable words of a future or forward-looking nature. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission (the “SEC”) as such factors may be updated from time to time in the Company’s periodic filings with the SEC. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company’s filings with the SEC. Forward-looking statements included in this press release are made as of the date hereof, and Bumble Inc. does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

About Bumble Inc.

Bumble Inc. is the parent company of Bumble, Bumble for Friends, Badoo, Fruitz and Official. The Bumble platform enables people to build healthy and equitable relationships, through Kind Connections. Founded by CEO Whitney Wolfe Herd in 2014, Bumble was one of the first dating apps built with women at the center and connects people across dating (Bumble Date), friendship (Bumble For Friends) and professional networking (Bumble Bizz). Badoo, which was founded in 2006, is one of the pioneers of web and mobile dating products. Fruitz, founded in 2017, encourages open and honest communication of dating intentions through playful fruit metaphors. Official is an app for couples that promotes open and honest communication between partners and was founded in 2020.

For more information about Bumble, please visit www.bumble.com and follow @Bumble on social platforms.

Investor Contact

ir@team.bumble.com



Media Contact

press@team.bumble.com

Source: Bumble Inc.

FAQ

When will Whitney Wolfe Herd become CEO of Bumble (BMBL)?

Whitney Wolfe Herd will become CEO of Bumble in mid-March 2025.

Why is Lidiane Jones leaving Bumble (BMBL)?

Lidiane Jones is resigning from her role as CEO for personal reasons.

Who will be the new Board Chair of Bumble (BMBL)?

Ann Mather, current Lead Director, will become Chair of Bumble's board of directors.

How is Bumble (BMBL) performing financially in Q4 2024?

Bumble expects Q4 2024 total revenue and Bumble App revenue to be above midpoint guidance, with Adjusted EBITDA within the expected range.

What changes will happen to Bumble's (BMBL) leadership structure in 2025?

In mid-March 2025, Founder Whitney Wolfe Herd will become CEO, and Ann Mather will become Board Chair.

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