Tinder’s new CEO takes the helm, calling it a ‘moment of transition for the industry’

Tinder’s chief operating officer Faye Iosotaluno is taking over as CEO of the dating giant, effective immediately, parent company Match Group announced Tuesday.

Tinder’s top role has been empty since the August 2022 departure of Renate Nyborg. Match Group CEO Bernard Kim was serving as the company’s interim leader.

Iosotaluno became Tinder’s COO in August 2022 after spending five years at Match Group, where she had served as chief strategy officer. Her appointment to Tinder’s top spot comes as the company continues its turnaround efforts in an attempt to win subscribers. Shares of Match Group, which also owns Hinge and OkCupid, have fallen more than 13% in the past year. Iosotaluno will continue to report to Kim, the company said.

“I believe we’re at a moment of transition for the industry and for Tinder,” Iosotaluno said in a letter to Tinder employees that was obtained by Fast Company. “When Tinder was founded 11 years ago, it catalyzed a level of growth never before seen in the industry. Someone will do it again soon—and this should be us. It means building the most modern and safest experience that is in the service of our vision, for all genders, ethnicities, geographies, intent, socioeconomic class. This doesn’t happen overnight. It happens with creative, deliberate, progressive work and commitment from all of us. I’m thrilled to be able to lead our way through this.”

Kim praised Iosotaluno in an internal memo to Match Group employees. “I’ve seen firsthand Faye’s remarkable ability to align our team, refine our strategy, drive execution, and deliver momentum,” he wrote. “Since joining Tinder as COO, she has led major initiatives related to member experience, people, business development, strategy, finance, analytics, marketing, and international operations. She’s equally skilled at solving detailed problems, grasping the complexities of the product, and creating an inspiring vision for our future. Her understanding of our industry is unparalleled, and her impact is undeniable.”

Kim also pointed to Tinder’s recent experiments with AI as an area of opportunity for the brand. “While I’ll always remain closely connected to Tinder as we collaborate across the portfolio and create new avenues of opportunity—such as our exploration of AI—it is the right time for this change,” he wrote.

https://www.fastcompany.com/91007741/tinder-new-ceo-faye-iosotaluno-memo?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

Erstellt 2y | 10.01.2024, 00:50:04


Melden Sie sich an, um einen Kommentar hinzuzufügen

Andere Beiträge in dieser Gruppe

Tesla sets annual meeting for November amid shareholder pressure

Tesla has scheduled an annual shareholders meeting for November, one day after the

10.07.2025, 20:40:02 | Fast company - tech
OpenAI vs. Google could be the heavyweight battle of the half-century

Welcome to AI DecodedFast Company’s weekly newsletter that breaks down the most important news in

10.07.2025, 18:20:04 | Fast company - tech
The internet is obsessed with ‘Umamusume: Pretty Derby’

The internet’s latest obsession: training and cheering on anthropomorphized anime horses as they race around a track.

First released in 2021 as a mobile game for iOS and Android, Uma

10.07.2025, 15:50:09 | Fast company - tech
These Uber alums are building an army of AI agents for the workforce

Minh Pham and JJ Ford have a knack for riding the waves of new tech.

The duo joined Uber in its early days, helping to spearhead mobile development. When CEO Travis Kalanick was

10.07.2025, 15:50:07 | Fast company - tech