LendingTree Mourns Sudden Loss of Founder Chairman and CEO Doug Lebda
LendingTree, Inc., one of the leading online financial platforms in the United States, is deeply saddened by the unexpected passing of its Founder, Chairman, and CEO, Doug Lebda. Lebda tragically lost his life in an all-terrain vehicle accident on October 12, 2025. The company’s Board, management, and entire team extend their heartfelt condolences to his family during this challenging time.
Leadership Transition at LendingTree
In response to this sudden loss, the Board of Directors has appointed Scott Peyree as the company’s new President and CEO. Scott Peyree, the former Chief Operating Officer and President, brings a wealth of experience and is anticipated to continue the company’s forward momentum. Additionally, Steve Ozonian has been named the Chairman of the Board, a role he assumes immediately.
Legacy of Doug Lebda
- Doug Lebda founded LendingTree in 1996.
- Under his leadership, LendingTree became a pioneering force in consumer financial empowerment.
- He was instrumental in transforming the way financial products are accessed by millions of consumers.
- Lebda’s vision centered around simplifying financial decisions and fostering economic opportunities for everyone.
LendingTree’s Future Vision
The Board remains dedicated to honoring Doug Lebda’s vision and preserving his legacy through continued innovation and dedication to consumers. The leadership team, guided by Peyree and Ozonian, is determined to uphold the company’s mission and values.
Statements from Leaders
| Position | Comment |
|---|---|
| Steve Ozonian | Expressed confidence in Scott Peyree’s capability to lead LendingTree into a prosperous future. |
| Scott Peyree | Committed to advancing the shared vision established with Doug Lebda, leveraging the strong management team. |
About LendingTree
LendingTree, Inc., based in Charlotte, NC, maintains its status as a formidable online financial platform. The company regularly connects consumers with approximately 430 financial partners, offering optimal loan, credit card, and insurance deals. LendingTree’s innovative financial products and personalized recommendations have empowered millions to achieve financial success.
