Remembering Doug Lebda: Celebrating the Legacy of LendingTree’s Founder and Visionary Leader

Charlotte, N.C. – On October 13, 2025, LendingTree, Inc. (NASDAQ: TREE) announced the tragic passing of its Chairman and CEO, Doug Lebda, in a sudden all-terrain vehicle accident. His leadership left an impactful mark on the company and the financial services industry.

Scott Peyree, the Chief Operating Officer and President, has stepped into the role of President and CEO. The Board has also appointed Steve Ozonian as the new Chairman. Ozonian, who has been a board member since 2008, expressed profound sadness over Doug’s loss, describing him as a visionary who transformed how people access financial products.

Doug founded LendingTree in 1996, dedicated to empowering consumers in their financial choices. The board released a statement emphasizing Doug’s commitment to innovation and his passion for helping others. They acknowledged that his influence shaped LendingTree’s culture and the lives of millions.

In response to Doug’s passing, Scott Peyree remarked on the strength of the team Doug built, expressing confidence in their ability to carry on his vision. He highlighted the importance of continuing the work that Barry fought for with integrity and dedication.

LendingTree remains a major player in online finance, helping consumers find loans, credit cards, and insurance through a network of around 430 financial partners. With a focus on innovation and personalized financial recommendations, the company has supported countless individuals in improving their financial health.

Recent trends suggest a growing demand for consumer-focused financial platforms. A survey by the Financial Health Network reported that 70% of Americans are seeking more transparency in financial services. This shift underscores the significance of Doug’s mission to simplify financial decisions.

For more information, visit LendingTree’s website.

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LendingTree, Inc.