Bumble CEO Steps Down

Whitney Wolfe Herd, founder and CEO of the female-focused dating app Bumble, is stepping down from her role and will be succeeded by Lidiane Jones, former CEO of Slack Technologies. The change comes amid challenges in the dating-app industry, with competitors facing stock declines and lower-than-expected revenues. Wolfe Herd, who launched Bumble in 2014, will remain as executive chair, emphasizing her focus on innovation for the company’s future. Jones, a tech-industry veteran, is enthusiastic about leveraging artificial intelligence to enhance Bumble’s mission of fostering positive connections. Bumble, known for its female-friendly features, went public in 2021 and has diversified its offerings under Wolfe Herd’s leadership.