On Monday, October 14, 2025, LendingTree announced that its founder and CEO Doug Lebda had died in an all‑terrain vehicle accident on Sunday, October 13, 2025. The company released a statement describing Lebda as a visionary leader who had guided the company since its founding in 1996.
In response, the board appointed President and Chief Operating Officer Scott Peyree as the new President and Chief Executive Officer, effective immediately. Peyree, who has served as COO and President, will lead the company through the transition and continue the strategic initiatives launched under Lebda.
The board also named long‑time director Steve Ozonian as Chairman of the Board, effective immediately. The announcement emphasized the board’s commitment to honoring Lebda’s legacy while maintaining continuity in leadership and strategy.
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