The CEO of LendingTree, Doug Lebda, was killed in an ATV accident over the weekend, the company confirmed in a news release on Monday.
Lebda founded LendingTree in 1996 and will be succeeded as CEO by COO and president Scott Peyree, with Steve Ozonian set to take over as chairman of the board.
Doug was a visionary leader whose relentless drive, innovation and passion transformed the financial services landscape, touching the lives of millions of consumers.
LendingTree provides consumers with tools to find the best offers on loans, credit cards, insurance and more, rooted in consumer empowerment and championing a mission to simplify financial decisions.
The company described Lebda as dedicated to building a company that fosters economic opportunity for all.
Author's summary: LendingTree CEO Doug Lebda dies in ATV accident.