Death of LendingTree CEO and founder in ATV crash
LendingTree announced on Monday that Doug Lebda, the CEO and founder, tragically passed away in an accident over the weekend. The company conveyed that Lebda unexpectedly died following an all-terrain vehicle incident on Sunday. The board of directors praised Lebda as a visionary leader, citing his drive, innovation, and passion that revolutionized the financial services industry and impacted millions of consumers. They expressed that his dedication will continue to motivate them as they move forward. Scott Peyree, the chief operating officer and president, has taken on the role of CEO with immediate effect. Established by Lebda in 1996 and nationally launched in 1998, LendingTree has become a prominent online lending marketplace that assists users in discovering and comparing loans for various needs.
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