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Tinder CEO Faye Iosotaluno to Step Down in July

  • Faye Iosotaluno, who has been leading Tinder since January 2024 and worked at the company for nearly eight years, revealed that she will leave her position as CEO in July 2025.
  • Iosotaluno cited her wish to support future women leaders and emphasized a prepared, smooth leadership transition with Match Group CEO Spencer Rascoff stepping in temporarily.
  • Tinder and its parent Match Group face challenges like declining user engagement, competition from Bumble, and pressure from activist investors pushing for operational changes.
  • Match Group reported a 15% decline in paying users in Q1 2025 and revealed a 13% reduction in its workforce, measures initiated under Spencer Rascoff’s efforts to revitalize the company with a focus on innovation, including AI-powered features.
  • Iosotaluno's exit adds to the recent leadership turnover at Match Group, where Rascoff is expected to lead Tinder and its sister dating platforms through a phase focused on revitalizing user engagement and accelerating product development.
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Bloomberg broke the news in United States on Thursday, May 22, 2025.
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