Match Group CEO Mandy Ginsberg is stepping down, citing personal challenges, including a recent tornado hitting her home, as well as some “health hiccups.” Current president, Shar Dubey, will take over the role of chief executive at the company, which owns Tinder, Hinge, Match, OkCupid and other online-dating apps. Ginsberg, who was promoted to CEO in 2017, saw stock more than quadruple in value during her tenure. The move comes just months ahead of a planned spinoff as an independent public company.
In an internal memo circulated to employees Tuesday, Ginsberg went into detail about what’s been going on in her life: in October, a tornado made her Dallas home “unlivable” and impacted her family. Then, ten years after that preventative mastectomy, Ginsberg is experiencing what she describes as “additional health hiccups.”
“Just last Friday, I had to have another surgery due to an FDA recall of the implants, because they have been linked to cancer,” she said in the memo. “It’s been a lot to handle. And while I expect to have a clean bill of health, short term I need to take care of myself and so will take some time off this year to do just that.”
Taking Ginsberg’s place—as of March 1, 2020—will be Shar Dubey, who currently serves as Match Group’s president and was formerly Tinder’s chief operating officer. In that role, she launched Tinder Gold, a successful monetization play for what is Match Group’s most popular app.
