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- LendingTree Announces Key Leadership Changes with Jason Bengel as New CFO
LendingTree Announces Key Leadership Changes with Jason Bengel as New CFO
Slice of Finance Team
25 Jun
Key Highlights:
Jason Bengel promoted to Chief Financial Officer, effective August 9, 2024.
Sarah Guidry expands role to SVP of Analytics and Corporate Strategy.
Andrew Wessel takes on larger role as SVP of Investor Relations and Corporate Development.
Former CFO Trent Ziegler departs after 12 years of service.
Anticipated Q2 2024 revenue exceeds forecasted range.
Source (PR Newswire)
Notable Quote
"Jason's leadership and insights have been instrumental in enhancing the Company's reporting standards and bringing discipline to the organization's operations, both of which will be crucial as we continue to efficiently scale the business. I've seen first-hand how Sarah can take ambiguous processes and improve them for greater clarity and accountability. This move more closely aligns analytics and strategy, enabling us to make smarter prioritization decisions. I'm incredibly excited to see what she can accomplish in this new role."
Our Take:
LendingTree’s recent leadership changes signify a robust strategic shift towards enhancing operational efficiency and leveraging data-driven insights for corporate strategy. Jason Bengel’s promotion to CFO reflects the company’s confidence in his financial acumen and deep understanding of LendingTree’s business lines. Sarah Guidry’s expanded role to include corporate strategy, along with the focus on the new AI lab, underscores a strong commitment to innovative, data-centric decision-making. Andrew Wessel’s enhanced responsibilities in Investor Relations and Corporate Development highlight the importance of maintaining and strengthening shareholder relationships. These changes are likely to drive LendingTree’s strategic initiatives forward, ensuring continued growth and market leadership.