Tinder's first female CEO out after less than a year
CNN
Tinder's newest CEO is out after less than a year on the job, marking the second high-profile female executive to depart its parent company, Match Group, in a matter of months.
Match Group's newly tapped CEO Bernard Kim announced Tinder CEO Renate Nyborg's departure on Tuesday in a letter to shareholders that outlined his "observations" from 62 days on the job.
"Our goal is to inspire our brands to optimize everything we do and build the best teams internally to deliver the finest services externally," wrote Kim, making clear that Tinder has fallen short on product execution, attracting new users, and getting people to spend money even as it has continued to add new bells and whistles to its app in recent quarters. Those additions include an integration with Spotify called "Music Mode," which allows people to share a music "Anthem" on their profile and "Blind Date," a feature that pairs people based on interests before revealing their photos.
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