Press release
LendingTree Announces Chief Financial Officer Transition, Additional Leadership Promotions
Company to exceed Q2 revenue guidance and maintains Adjusted EBITDA outlook CHARLOTTE, N.C., June 18, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE),
About this update from Lendingtree, Inc.
[{"type":"text","content":"Company to exceed Q2 revenue guidance and maintains Adjusted EBITDA outlook\nCHARLOTTE, N.C., June 18, 2024 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, \"LendingTree\" or the \"Company\") and the operator of LendingTree.com, the nation's leading online financial services marketplace, announces the promotion of Jason Bengel to Chief Financial Officer following the departure of Trent Ziegler on August 9, 2024. Along with this change, LendingTree is also announcing several leadership changes to further propel the Company's strategic initiatives and growth trajectory.\n\n \n \n \n \n \n \n\n \nAfter 12 years of exceptional service, Trent Ziegler will be stepping down from his position to pursue a new opportunity outside the Company. Ziegler leaves behind a legacy of strong shareholder relationships, optimized cost structure and the successful execution of complex financing initiatives.\nJason Bengel, an integral member of LendingTree's management team and a Chartered Financial Analyst, will step into the CFO role effective as of August 9, 2024. Bengel's expertise in financial planning and analysis, coupled with his dedication to operational efficiency and deep understanding of LendingTree's business lines, position him well to drive LendingTree's financial strategies forward.\n\"Jason's leadership and insights have been instrumental in enhancing the Company's reporting standards and bringing discipline to the organization's operations, both of which will be crucial as we continue to efficiently scale the business,\" said Doug Lebda, LendingTree Chairman and CEO. \"We are grateful for Trent's exceptional contributions to LendingTree and wish him ample success in his new role. While Trent will be missed among our team, I am incredibly confident in Jason's skilled expertise and in his ability to lead our finance team to drive operational excellence.\"\nAdditionally, effective immediately, Sarah Guidry will expand her role into SVP of Analytics and Corporate Strategy. Guidry has been leading LendingTree's Analytics function since 2021, and as part of this move, her responsibilities expand into LendingTree's strategy work, including the new AI lab, underscoring the Company's commitment to data-driven decision making. Lebda adds \"I've s...