Match Group President Swidler to Depart Amid Broader Management Shakeup

Dow Jones

03 Mar

By Denny Jacob

Match Group said Gary Swidler will leave the company later in the year, the latest executive to head for the exit as a broader overhaul takes place.

Swidler will step down as president on April 1, the same day Hesam Hosseini will rise to chief operating officer.

The outgoing executive will continue as an advisor until July 4 as part of the transition. His duties began to be dialed back in October when the online dating company announced Swidler would step down as chief financial officer after serving in the role since 2015 in conjunction with Steven Bailey's promotion to the position, which went into effect Saturday.

Hosseini joined Match in 2008 and has risen through the ranks. He currently serves as CEO of the company's evergreen and emerging brands division, home to its less mainstream dating apps.

Match in a matter of weeks will have a new chief executive, chief finance officer, and chief operating officer. The owner of Tinder, Hinge and other dating apps in February tapped board member Spencer Rascoff to replace Bernard Kim as CEO as it contends with both activist investors and growth challenges as the public at large appears less keen on dating apps.

Rascoff, co-founder of home-listings portal Zillow Group, was appointed to Match's board as part of an agreement between the company and activist investor Elliott Investment Management.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 03, 2025 09:41 ET (14:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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His duties began to be dialed back in October when the online dating company announced Swidler would step down as chief financial officer after serving in the role since 2015 in conjunction with Steven Bailey's promotion to the position, which went into effect Saturday. \n\n\n  Hosseini joined Match in 2008 and has risen through the ranks. He currently serves as CEO of the company's evergreen and emerging brands division, home to its less mainstream dating apps. \n\n\n  Match in a matter of weeks will have a new chief executive, chief finance officer, and chief operating officer. The owner of Tinder, Hinge and other dating apps in February tapped board member Spencer Rascoff to replace Bernard Kim as CEO as it contends with both activist investors and growth challenges as the public at large appears less keen on dating apps. \n\n\n  Rascoff, co-founder of home-listings portal Zillow Group, was appointed to Match's board as part of an agreement between the company and activist investor Elliott Investment Management. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 09:41 ET (14:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":1}}}