The founder and CEO of LendingTree died over the weekend.
CEO of LendingTree Doug Lebda died unexpectedly in an ATV accident.
He was 55 years old.
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Fox Business had more details to report on Lebda’s death and a shared a statement from his company:
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LendingTree, Inc. announced Monday its founder and CEO Doug Lebda died unexpectedly in an all-terrain vehicle accident over the weekend.
The board has appointed LendingTree’s Chief Operating Officer and President, Scott Peyree, to succeed Lebda, effective immediately.
“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,” the board of directors said in a statement.
The
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