LendingTree CEO Doug Lebda dies in ATV accident
LendingTree CEO and founder Doug Lebda passed away in an accident involving an all-terrain vehicle. Lebda, who was 55, was described as a visionary leader who transformed the financial services industry. The company expressed sorrow over his sudden death, stating that Lebda's passion will continue to motivate them. Scott Peyree has been appointed as the new CEO, while Steve Ozonian will take on Lebda's role as chairman of the board. Since its founding by Lebda in 1996, LendingTree has aimed to streamline the loan shopping process and has since expanded to offer various financial services. Lebda leaves behind his wife, Megan, and three daughters, Rachel, Abby, and Sophia. Megan Lebda described her husband as a remarkable man with a generous heart, expressing gratitude for the outpouring of love and support they have received.
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