Grindr appoints John North as new chief financial officer

NEW YORK - Dating app Grindr Inc. (NYSE:GRND) announced Wednesday the appointment of John North as Chief Financial Officer, effective immediately.

North brings over 20 years of experience leading high-growth public companies, having served as both CEO and CFO at Fortune 500 and S&P 500 global organizations. He will oversee accounting, treasury, tax, financial planning, and investor relations functions at the LGBTQ+ social networking platform.

Most recently, North served as Chief Executive Officer and Director at Lazydays Holdings (Nasdaq:GORV). His previous roles include Chief Financial Officer positions at Copart (Nasdaq:CPRT), Avis Budget Group (Nasdaq:CAR), and Lithia & Driveway (NYSE:LAD). North is also currently a board member at XPEL (Nasdaq:XPEL), where he chairs the Compensation Committee and serves as a financial expert on the Audit Committee.

"His extensive background in driving growth and profitability at public companies in all market environments, paired with his hands-on and forward-looking mentality, make him an ideal fit," said George Arison, Grindr’s CEO, in a press release statement.

Grindr, which describes itself as the "Global Gayborhood in Your Pocket," reports nearly 15 million average monthly active users across more than 190 countries and territories. The company maintains offices in West Hollywood, the Bay Area, Chicago, and New York. For detailed financial analysis and exclusive insights about Grindr’s performance, investors can access comprehensive research reports and real-time metrics through InvestingPro, which covers over 1,400 US-listed companies with in-depth Pro Research Reports.

The dating app company went public in November 2022 through a SPAC merger and trades on the New York Stock Exchange under the ticker GRND.

In other recent news, Avis Budget Group reported second-quarter earnings per share of $0.10, which fell short of the analyst estimate of $2.21. However, the company’s revenue for the quarter was $3.04 billion, slightly surpassing the consensus estimate of $2.99 billion. Avis Budget Group also announced a multi-year strategic partnership with Waymo to launch a fully autonomous ride-hailing service in Dallas, planned for 2026. Under this agreement, Avis will manage fleet operations, while Waymo will handle the self-driving technology and offer the service through its app. Additionally, Avis Budget Group amended its cooperation agreement with SRS Investment Management, increasing the cap on voting securities that SRS may own from 35% to 45%. Deutsche Bank recently raised its price target for Avis Budget Group to $196 from $130, maintaining a Buy rating. These developments reflect the company’s ongoing strategic initiatives and partnerships.

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