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Match Group Promotes Steven Bailey as Chief Financial Officer; Gary Swidler to Continue as President

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Match Group has announced the appointment of Steven Bailey as Chief Financial Officer, effective March 1st, 2025. Bailey, currently the Senior Vice President of Financial Planning & Business Operations, will take over from Gary Swidler, who will continue as President of Match Group. Bailey's promotion underscores the company's focus on driving long-term strategic growth and cost discipline.

In his new role, Bailey will oversee investor relations, accounting, tax, and treasury, in addition to his current responsibilities. Match Group CEO Bernard Kim expressed confidence in Bailey's deep expertise and operational knowledge.

The company also announced its inaugural Investor Day to be held in New York City on December 11th at 9:00 a.m. ET. The event will provide a comprehensive overview of Match Group's long-term vision, product roadmaps, and key growth initiatives.

Match Group ha annunciato la nomina di Steven Bailey come Chief Financial Officer, con effetto a partire dal 1 marzo 2025. Bailey, attualmente Senior Vice President di Pianificazione Finanziaria e Operazioni Aziendali, succederà a Gary Swidler, che continuerà a ricoprire il ruolo di Presidente di Match Group. La promozione di Bailey sottolinea l'impegno dell'azienda nel perseguire una crescita strategica a lungo termine e una disciplina dei costi.

Nel suo nuovo ruolo, Bailey supervisionerà le relazioni con gli investitori, la contabilità, le tasse e la tesoreria, oltre alle sue attuali responsabilità. Il CEO di Match Group, Bernard Kim, ha espresso fiducia nella profonda esperienza e nelle conoscenze operative di Bailey.

L'azienda ha anche annunciato il suo primo Investor Day, che si terrà a New York City il 11 dicembre alle 9:00 ET. L'evento fornirà una panoramica completa della visione a lungo termine di Match Group, delle roadmap dei prodotti e delle principali iniziative di crescita.

Match Group ha anunciado el nombramiento de Steven Bailey como Director Financiero, con efecto a partir del 1 de marzo de 2025. Bailey, que actualmente es el Vicepresidente Senior de Planificación Financiera y Operaciones Empresariales, reemplazará a Gary Swidler, quien continuará como Presidente de Match Group. La promoción de Bailey subraya el enfoque de la empresa en impulsar el crecimiento estratégico a largo plazo y la disciplina de costos.

En su nuevo rol, Bailey supervisará las relaciones con los inversores, la contabilidad, los impuestos y la tesorería, además de sus responsabilidades actuales. El CEO de Match Group, Bernard Kim, expresó confianza en la profunda experiencia y el conocimiento operativo de Bailey.

La empresa también anunció su primer Investor Day que se llevará a cabo en la ciudad de Nueva York el 11 de diciembre a las 9:00 a.m. ET. El evento proporcionará una visión general completa de la visión a largo plazo de Match Group, las hojas de ruta de productos y las principales iniciativas de crecimiento.

매치 그룹은 스티븐 베일리를 최고 재무 책임자(CFO)로 임명하였으며, 2025년 3월 1일부로 시행됩니다. 베일리는 현재 재무 계획 및 비즈니스 운영 수석 부사장으로, 가리 스위들러의 후임이 됩니다. 스위들러는 계속해서 매치 그룹의 사장직을 유지할 것입니다. 베일리의 승진은 장기적인 전략적 성장과 비용 절감에 대한 회사의 의지를 강조합니다.

새로운 역할에서 베일리는 현재의 책임 외에도 투자자 관계, 회계, 세무 및 재무를 감독할 것입니다. 매치 그룹의 CEO인 버나드 킴은 베일리의 깊은 전문성과 운영 지식에 대한 신뢰를 표명했습니다.

회사는 또한 첫 투자자 간담회12월 11일 오전 9시(동부 표준시)에 뉴욕시에서 개최한다고 발표했습니다. 이 행사는 매치 그룹의 장기 비전, 제품 로드맵 및 주요 성장 전략을 포괄적으로 소개할 것입니다.

Match Group a annoncé la nomination de Steven Bailey en tant que directeur financier (CFO), à compter du 1er mars 2025. Bailey, qui est actuellement vice-président senior de la planification financière et des opérations commerciales, succédera à Gary Swidler, qui continuera à exercer les fonctions de président de Match Group. La promotion de Bailey souligne l'engagement de l'entreprise à stimuler la croissance stratégique à long terme et la discipline des coûts.

Dans son nouveau rôle, Bailey supervisera les relations avec les investisseurs, la comptabilité, la fiscalité et la trésorerie, en plus de ses responsabilités actuelles. Le PDG de Match Group, Bernard Kim, a exprimé sa confiance dans l'expertise approfondie et les connaissances opérationnelles de Bailey.

L'entreprise a également annoncé son premier Investor Day, qui se tiendra à New York le 11 décembre à 9h00 ET. Cet événement offrira un aperçu complet de la vision à long terme de Match Group, des feuilles de route des produits et des principales initiatives de croissance.

Match Group hat die Ernennung von Steven Bailey zum Finanzvorstand (CFO) bekannt gegeben, die am 1. März 2025 wirksam wird. Bailey, derzeit Senior Vice President für Finanzplanung und Geschäftsoperationen, wird die Nachfolge von Gary Swidler antreten, der weiterhin Präsident von Match Group bleiben wird. Baileys Beförderung unterstreicht den Fokus des Unternehmens auf langfristiges strategisches Wachstum und Kostenbewusstsein.

In seiner neuen Rolle wird Bailey die Beziehungen zu Investoren, die Buchhaltung, Steuern und das Treasury überwachen, zusätzlich zu seinen aktuellen Verantwortlichkeiten. Der CEO von Match Group, Bernard Kim, äußerte Vertrauen in Baileys umfassende Expertise und operatives Wissen.

Das Unternehmen gab auch seinen ersten Investor Day bekannt, der am 11. Dezember um 9:00 Uhr ET in New York City stattfinden wird. Die Veranstaltung bietet einen umfassenden Überblick über die langfristige Vision von Match Group, Produkt-Roadmaps und wichtige Wachstumsinitiativen.

Positive
  • Appointment of experienced internal candidate Steven Bailey as new CFO
  • Gary Swidler continuing as President, ensuring leadership continuity
  • Hosting inaugural Investor Day to showcase long-term vision and growth initiatives
Negative
  • None.

Company to Hold Inaugural Investor Day on December 11th

DALLAS, Oct. 7, 2024 PRNewswire/ -- Match Group today announced the appointment of Steven Bailey as Chief Financial Officer, effective March 1st, 2025. Gary Swidler will transition out of his CFO role on that date and continue in his position as President of Match Group.

Bailey, currently the Senior Vice President of Financial Planning & Business Operations, has held leadership roles across these areas of Match Group since 2012. His expertise spans financial strategy, operational efficiency, and corporate planning across the Company's diverse portfolio of brands. His promotion to CFO underscores the Company's focus on driving long-term strategic growth and exercising strong cost discipline. In his new role, Bailey will oversee investor relations, accounting, tax, and treasury, in addition to his current responsibilities.

"Steve has played a key role in shaping our financial strategies and driving our success for over a decade. His deep expertise in managing financial functions across our portfolio of brands, along with his oversight of key operational areas such as real estate and business technology, make him the ideal choice for CFO," said Bernard Kim, Match Group CEO. "With Steve's deep understanding of our business and his operational expertise, combined with the strength of our leadership team and strategic direction, I'm confident that Match Group is well-positioned for long-term success."

"I'm grateful for the opportunity to play a larger role in a company and category I truly love," said Steven Bailey. "I'm eager to collaborate with BK, Gary, and the entire leadership team. Together we will continue to build on Match Group's commitment to innovation, growth, and profitability to drive long-term value for shareholders."

"I'm confident Steve is the right person to take the reins from me," commented Gary Swidler. "We have worked together for a long time and I expect a very smooth transition. He will be a great leader for this company for many years to come. With Steve overseeing the financial functions, I look forward to focusing on our broader portfolio strategy and driving the Company's future growth."

Match Group will host its inaugural Investor Day in New York City on December 11th at 9:00 a.m. Eastern Time (ET). This event will offer a comprehensive overview of the Company's long-term vision, product roadmaps, and key growth initiatives. Senior leaders including CEO Bernard Kim, President and CFO Gary Swidler, CTO Will Wu, and incoming CFO Steven Bailey, along with the leaders of Tinder, Hinge, Evergreen & Emerging, and MG Asia, will share insights into Match Group's diverse portfolio of brands, its innovative approach to shaping the future of the dating industry, and the Company's strategies for driving sustained shareholder value.

The event along with supporting materials will be able to be accessed live or via an archived replay through the Company's website at ir.mtch.com/investor-relations. Space for the event is limited and therefore in-person attendance is by invitation only and advanced registration is required. Analysts and institutional investors interested in attending are encouraged to contact Match Group Investor Relations at investorday@match.com.

About Steven Bailey
Steven Bailey has been the Senior Vice President of Financial Planning and Business Operations at Match Group since 2022, where he oversees key functions including financial planning & analysis, real estate & facilities, security & crisis management, workplace experience, central data engineering, and business technology, globally.

Steven joined Match Group in 2012 and has held positions of increasing responsibility with the Company, including Chief Financial Officer of Match Group Americas. Prior to Match Group, Steven served as Manager, Financial Planning & Analysis, for Dow Jones. He began his career at Heritage Building Group, where he held various finance and operations roles.

Steven holds an M.B.A. in Finance from Lehigh University. He also holds a B.A. in Finance from Bloomsburg University.

About Match Group
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that are not historical facts are "forward looking statements." The use of words such as "anticipates," "estimates," "expects," "plans", "aims" and "believes," among others, generally identify forward-looking statements. These forward-looking statements include, among others, statements relating to: Match Group's future financial performance, Match Group's business prospects and strategy, anticipated trends, and other similar matters. These forward-looking statements are based on management's current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those contained in these forward-looking statements for a variety of reasons, including, among others: our ability to maintain or grow the size of our user base, competition, the limited operating history of some of our brands, our ability to attract users to our services through cost-effective marketing and related efforts, our ability to distribute our services through third parties and offset related fees, risks relating to our use of artificial intelligence, foreign currency exchange rate fluctuations, the integrity and scalability of our systems and infrastructure (and those of third parties) and our ability to adapt ours to changes in a timely and cost-effective manner, our ability to protect our systems from cyberattacks and to protect personal and confidential user information, risks relating to certain of our international operations and acquisitions, damage to our brands' reputations as a result of inappropriate actions by users of our services, uncertainties related to the tax treatment of our separation from IAC, uncertainties related to the acquisition of Hyperconnect, including, among other things, the expected benefits of the transaction and the impact of the transaction on the businesses of Match Group, and macroeconomic conditions. Certain of these and other risks and uncertainties are discussed in Match Group's filings with the Securities and Exchange Commission. Other unknown or unpredictable factors that could also adversely affect Match Group's business, financial condition and results of operations may arise from time to time. In light of these risks and uncertainties, these forward-looking statements may not prove to be accurate. Accordingly, you should not place undue reliance on these forward-looking statements, which only reflect the views of Match Group management as of the date of this release. Match Group does not undertake to update these forward-looking statements.

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SOURCE Match Group

FAQ

When will Steven Bailey become CFO of Match Group (MTCH)?

Steven Bailey will become CFO of Match Group (MTCH) effective March 1st, 2025.

What is Gary Swidler's new role at Match Group (MTCH)?

Gary Swidler will transition out of his CFO role and continue as President of Match Group (MTCH).

When and where is Match Group (MTCH) holding its inaugural Investor Day?

Match Group (MTCH) is holding its inaugural Investor Day in New York City on December 11th at 9:00 a.m. Eastern Time.

What will be discussed at Match Group's (MTCH) Investor Day?

Match Group's (MTCH) Investor Day will offer a comprehensive overview of the company's long-term vision, product roadmaps, and key growth initiatives.

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