DALLAS - Match Group (NASDAQ: NASDAQ:MTCH), the company behind popular dating platforms such as Tinder and Hinge, announced the immediate appointment of Laura Jones and Spencer Rascoff to its Board of Directors.
Laura Jones brings a wealth of experience in creating marketing organizations that have driven growth and shaped major brands. She currently holds the position of Chief Marketing Officer at Instacart (NASDAQ:CART) and has previously served in senior marketing roles at Uber (NYSE:UBER), Google (NASDAQ:GOOGL), and Visa (NYSE:V). Her expertise is expected to contribute significantly to Match Group's marketing strategies and brand development.
Spencer Rascoff, a well-known entrepreneur and co-founder of Zillow (NASDAQ:ZG), has a history of scaling consumer internet businesses. His experience will be pivotal as Match Group aims to leverage technology and artificial intelligence to evolve its brands and create new ones, further strengthening the company's market position.
The appointments follow a constructive engagement with Elliott Investment Management, one of Match Group's largest investors, which has expressed confidence in the company's potential for significant value creation. Both parties have entered into an information-sharing agreement to facilitate ongoing collaboration aimed at driving sustainable value for shareholders.
Bernard Kim, CEO of Match Group, expressed enthusiasm for the new appointments, noting that the company is focused on innovating its global platform, enhancing performance at Tinder, driving growth at Hinge, and improving overall user experiences.
The announcement also indicates that Match Group is planning an investor day to showcase its management team and business prospects, with details to be provided once a date is set.
The information in this article is based on a press release statement from Match Group.
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