LendingTree CEO Dies in Accident
Company names operating chief Scott Peyree as new CEO
- LendingTree founder and CEO Doug Lebda died Sunday in an all-terrain vehicle accident.
- Scott Peyree, chief operating officer, has been appointed as the new chief executive officer.
- Steve Ozonian, lead independent director, has been named chairman of the board.
LendingTree TREE -2.92%decrease; red down pointing triangle founder and chief executive Doug Lebda died Sunday in an all-terrain vehicle accident.
The company named Chief Operating Officer Scott Peyree as the new chief executive officer and Lead Independent Director Steve Ozonian as chairman of the board.
Lebda founded LendingTree in 1996 and co-founded Tykoon, a financial-services platform for children and families, in 2010.
“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,” LendingTree said.