Bumble appoints Kevin Cook as new CFO effective August 12

AUSTIN - Dating app company Bumble Inc. (NASDAQ:BMBL), currently valued at $1.14 billion with annual revenue of $1.05 billion, announced Wednesday the appointment of Kevin D. Cook as Chief Financial Officer, effective August 12, 2025. Cook will replace Ronald J. Fior, who has been serving as Interim CFO and will remain in an advisory capacity through the end of August to ensure a smooth transition. According to InvestingPro analysis, the company maintains strong liquidity with a current ratio of 2.83.

Cook brings over 30 years of financial management experience to the role. He most recently served as Chief Financial Officer at Cloudera, Inc., a hybrid cloud data and AI platform company. His previous positions include Senior Vice President of Finance, Corporate Development & Investor Relations at Cloudera and Vice President of Strategic Finance, Corporate and Business Development at cybersecurity company Barracuda Networks, Inc.

"Kevin brings a rare combination of deep financial expertise, strategic vision, and steady leadership at exactly the right moment for Bumble," said Whitney Wolfe Herd, Founder and Chief Executive Officer of Bumble Inc., according to the press release.

Cook has also held investment banking leadership roles at several financial institutions including Cowen, Credit Suisse, Wachovia Securities (now Wells Fargo) and RBC Capital Markets.

Bumble, founded in 2014, operates multiple relationship platforms including its namesake dating app, Badoo, Bumble For Friends, and Geneva. The company also released its second quarter financial results ending June 30, 2025, in a separate announcement.

In other recent news, Bumble Inc. has seen several adjustments in analyst price targets following its latest announcements and strategic moves. Goldman Sachs raised its price target for Bumble to $9, maintaining a Buy rating, after the company outlined its vision for leveraging artificial intelligence and machine learning to enhance user experiences. RBC Capital increased its target to $7, citing a positive revenue preannouncement for the second quarter, although noting that cost savings from a 30% workforce reduction would largely be reinvested. Evercore ISI also raised its price target to $7, aligning with the company’s strategy to optimize execution through significant headcount reduction, expected to save approximately $40 million annually. TD Cowen adjusted its target to $7 as well, following Bumble’s restructuring announcement aimed at generating cost savings. Meanwhile, UBS set a new target of $6, maintaining a Neutral rating, and highlighted a slight reduction in fiscal year 2025 revenue forecasts while increasing EBITDA expectations by 22%. These developments reflect Bumble’s ongoing efforts to streamline operations and invest in technology, amidst mixed reactions from analysts.

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