Bumble announces CEO succession: Lidiane Jones to become CEO; Whitney Wolfe Herd to Executive Chair

Bumble Inc.

Lidiane Jones, current Slack CEO, will become Bumble CEO effective Jan 2, 2024; founder Whitney Wolfe Herd becomes Executive Chair.
Jones' employment agreement includes $650K base salary, $1M signing bonus, $22M in initial equity grants.
Director Sachin J. Bavishi resigned effective Jan 2, 2024; no disagreement with the company.
Jones will remain at Slack until end of 2023 and join Bumble board as Class III director.
Wolfe Herd's new compensation terms will be disclosed in a later 8-K amendment.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Lidiane Jones

Chief Executive Officer

BMBL · Bumble Inc.

Effective: 2024-01-02
Filed: November 6, 2023, 6:59 PM ET

Lidiane Jones will become the Company’s Chief Executive Officer

Role change

Whitney Wolfe Herd

Executive Chair of the Board

BMBL · Bumble Inc.

Effective: 2024-01-02
Successor: Lidiane Jones
Filed: November 6, 2023, 6:59 PM ET

Whitney Wolfe Herd, the Company’s Founder and Chief Executive Officer, will become the Executive Chair of the Board and no longer serve in the capacity of Chief Executive Officer.

Appointed

Lidiane Jones

Class III director

BMBL · Bumble Inc.

Effective: 2024-01-02
Filed: November 6, 2023, 6:59 PM ET

The Board also appointed Ms. Jones to the Company’s Board, effective as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lidiane Jones was appointed as Chief Executive Officer at Bumble Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Lidiane Jones will become the Company’s Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Whitney Wolfe Herd changed role as Executive Chair of the Board at Bumble Inc..

Action: become
Role: Executive Chair of the Board

Exact text from the filing

Whitney Wolfe Herd, the Company’s Founder and Chief Executive Officer, will become the Executive Chair of the Board and no longer serve in the capacity of Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lidiane Jones was appointed as Class III director at Bumble Inc..

Action: appointed
Role: Class III director

Exact text from the filing

The Board also appointed Ms. Jones to the Company’s Board, effective as of the Effective Date.

View on SEC.gov

Bumble Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-270887

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