Match Overhauls Leadership Team To Drive Growth From Tinder, Hinge; Ropes In Snap Executive To Newly Created Role

  • Match Group, Inc (NASDAQ: MTCH) revamped its executive leadership team under CEO Bernard Kim with four key businesses Tinder, Hinge, Asia, and Evergreen & Emerging.

  • The new organizational structure will likely maximize profitability, enhance growth, streamline operations, and prioritize new business opportunities.

  • Gary Swidler, previously Chief Operating Officer and CFO of Match Group, will become President and CFO.

  • Also Read: Concerns Over Tinder's Prospects Despite Match's Multiple Catalysts Keeps Analyst At Sidelines

  • Match roped in Snap Inc's (NYSE: SNAP) Will Wu as Chief Technology Officer in a newly-created role.

  • Wu gets credit for success stories, including "Discover," the "Chat" messaging feature, and Snap's social gaming initiative.

  • Match named Malgosia Green, previously CEO of Plenty of Fish, as the CEO of Match Group Asia, based in Singapore.

  • Green will oversee Pairs, Hyperconnect, and the Asia go-to-market teams in the newly created role.

  • Match appointed Hesam Hosseini, former CEO of Match and Affinity brands, to the newly-created role of Evergreen & Emerging Brands' CEO.

  • Wu will join Match Group at the end of Q1. All other appointments are effective immediately.

  • Last November, KeyBanc analyst Justin Patterson said Match should benefit from sustained growth at Hinge and a recovery in Tinder after meetings with Match's CFO and COO Gary Swidler post Q3 results.

  • Price Action: MTCH shares closed higher by 2.45% at $51.78 on Thursday.

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article originally appeared on

© 2023 Benzinga does not provide investment advice. All rights reserved.