LendingTree, Inc. Appoints Douglas R. Lebda as Chairman and Chief Executive Officer
December 05, 2020 at 03:24 am IST
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LendingTree, Inc. entered into a new employment agreement with Douglas R. Lebda, Chairman and Chief Executive Officer, securing Mr. Lebda’s continued employment in that position through December 31, 2023. Effective December 1, 2020, the Employment Agreement superseded and replaced Mr. Lebda’s employment agreement that was dated as of September 20, 2017 and which would have expired on January 9, 2021.
LendingTree, Inc. operates LendingTree.com, an online financial services marketplace. The Company provides customers with access to offers on loans, credit cards, insurance and more through its network of approximately 500 financial partners. Its segments include Home, Consumer, and Insurance. The Home segment includes products, such as purchase mortgage, refinance mortgage, and home equity loans and lines of credit. Its Consumer segment includes products, such as credit cards, personal loans, small business loans, student loans, auto loans, deposit accounts, and other credit products such as debt settlement. The Insurance segment consists of insurance quote products and insurance policies in its agency businesses. It helps customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of products and tools and personalized financial recommendations, the Company helps customers achieve everyday financial wins.