The business and financial world is in mourning following the unexpected death of Doug Lebda, founder and CEO of LendingTree, who passed away on Sunday, October 12, at the age of 55.
According to an official statement released by LendingTree, Lebda lost his life in an all-terrain vehicle (ATV) accident over the weekend in North Carolina.
The news was devastating for the entire organization.
Scott Peyree, who assumed the role of CEO following Lebda’s passing, expressed his condolences. The company confirmed the news on Monday, October 13, causing a deep impact both within his team and across the broader fintech industry.
Author's summary: LendingTree CEO Doug Lebda dies at 55.