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LendingTree Founder and CEO Passes Away in ATV Crash

LendingTree Founder and CEO Passes Away in ATV Crash

The CEO and founder of LendingTree, Doug Lebda, tragically passed away in an ATV accident over the weekend, as announced by the company on Monday. The board of directors praised Lebda as a forward-thinking leader who revolutionized the financial services sector and positively impacted millions of consumers. With a heavy heart, the company expressed that his legacy will always motivate them. Scott Peyree, the current COO and president of LendingTree, has been appointed as the new CEO. Lebda established LendingTree in 1996, and the platform was nationally launched in 1998, becoming a prominent online marketplace for comparing and finding loans for various needs.

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