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HomeBusinessWhitney Wolfe Herd, founder and CEO of Bumble, is stepping down. CEO...

Whitney Wolfe Herd, founder and CEO of Bumble, is stepping down. CEO of Slack, Lidiane Jones, will assume the role.

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Image by Sammy-Sander from Pixabay

Whitney Wolfe Herd, the founder and CEO of Bumble (BMBL), has decided to step down from her role as the chief executive officer of the popular dating and social networking app.

Lidiane Jones, a seasoned software professional who has been leading the workplace communication platform Slack since December, will take over as CEO of the company on January 2, Bumble announced in a regulatory filing on Monday. Wolfe Herd, the executive chair, will stay at Bumble. The Wall Street Journal was the first to break the news.

Jones took over as CEO of Slack just a year ago, succeeding Stewart Butterfield, another founding CEO. Jones, who has experience in a variety of capacities at Salesforce, Microsoft, and Sonos, will begin work on January 1st.

Bumble grew outside the dating industry under Whitney Wolfe Herd’s direction. With the launch of Bumble BFF and Bumble Bizz, users now have more options to network professionally and create friends. These additions made Bumble a more complete social networking site that served a larger user base.

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Whitney Wolfe Herd is a visionary businesswoman who co-founded Tinder and then founded Bumble, leaving an impact on the internet industry. Her path has been marked by empowerment, creativity, and a commitment to altering the rules surrounding social networking and online dating.

Bumble’s unique approach to gender relations is one of its most notable characteristics. In contrast to other dating apps, Bumble gives women the confidence to initiate contact and control their online dating lives. Many users have found resonance with this method since it is consistent with contemporary notions of agency and equality in relationships.

Bumble grew outside the dating industry under Whitney Wolfe Herd’s direction. With the launch of Bumble BFF and Bumble Bizz, users now have more options to network professionally and create friends. These additions made Bumble a more complete social networking site that served a larger user base.

On the day of its IPO, Bumble (BMBL) shares started trading at $76, but they have since dropped to below $14, representing a more than 80% fall. As soon as word leaked out on Monday that Wolfe Herd was stepping down as CEO, the company’s stock dropped another 8%.

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