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Bumble founder and CEO to step down early next year, Slack chief executive to succeed her - TL;DR CNBC

Bumble founder and CEO to step down early next year, Slack chief executive to succeed her

Publishing timestamp: 2023-11-06 10:12:25


Summary

Bumble founder and CEO Whitney Wolfe Herd will step down from her role early next year. Lidiane Jones, CEO of Salesforce's cloud-based messaging platform Slack, will succeed her as CEO. Wolfe Herd will transition to a new role as executive chair. Bumble's shares were down more than 7% in morning trading and have fallen 35% year to date. Jones expressed admiration for Bumble's mission and aims to drive long-term growth at the company. Bumble is scheduled to report its third-quarter results soon.


Sentiment: NEUTRAL

Tickers: MSFTCRMBMBL

Keywords: business newstechnologymicrosoft corpinternetbreaking news: technologymediabreaking news: businesssalesforce incbumble inc

Source: https://www.cnbc.com/2023/11/06/bumble-founder-and-ceo-whitney-wolfe-herd-to-step-down.html


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