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Thursday, May 19, 2022

Match Group names Bernard Kim as CEO, changing Shar Dubey

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The Match relationship software is displayed on an Apple iPhone in an organized {photograph}.

Andrew Harrer | Bloomberg | Getty Images

Match Group CEO Shar Dubey is stepping down as chief of the relationship app large, efficient May 31. Bernard Kim, president of Zynga, will take over the helm, the corporate mentioned Tuesday.

Dubey will proceed to function a director on the board and can tackle an advisor position, “allowing her to focus on product strategy while playing an integral role in the transition,” the corporate mentioned.

Match Group has elevated its concentrate on product innovation up to now few years as relationship apps are primed for a revamp. Following the Covid-19 pandemic, many individuals turned extra snug with digital relationship. That allowed Match Group’s corporations similar to Tinder and Hinge so as to add new components, similar to social, audio and video. Kim’s rent might point out the corporate is trying to additional develop within the digital area.

Kim has served because the president of Zynga since 2016. In a information launch, Match Group mentioned he was “instrumental in Zynga’s explosive growth and was pivotal in the company’s expansion to new markets such as blockchain and hyper-casual gaming, as well as new platforms like the Nintendo Switch, Snapchat, and smart home devices.”

Shares of Match Group are down greater than 40% yr to this point.

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