Tinder Chief Executive Sean Rad will step down from his role as the company’s chief executive to lead Swipe Ventures, a Match Group accelerator and acquisition vehicle.
Rad will become chairman of Tinder and Swipe Ventures. Greg Blatt, the current chairman of Tinder, will assume the role of Tinder’s chief executive, while continuing to serve as chairman and chief executive of Match Group.
“There is so much untapped opportunity in our space,” said Rad, in a statement. “My new role allows me to continue to contribute meaningfully to the overall strategy of Tinder, while expanding Tinder's footprint through Swipe Ventures.”
Tinder’s recent acquisitions include Tappy and Humin, as well as an investment in social app Hey! Vina.
Rad previously stepped down from the role of chief executive in 2014 in the wake of his handling of a sexual harassment lawsuit filed by co-founder Whitney Wolfe against fellow co-founder Justin Mateen. The company later rehired Rad as its chief executive in 2015.
Technology reporter Garrett Reim can be reached at firstname.lastname@example.org. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Silicon Beach Report Dec. 8: Sean Rad to Step Down as Tinder CEO, Become Head of Match Group M&A Firm
- Dating App CEO to Hook Up With Accelerator
- Tinder’s Chief Executive Resigns, Founder Sean Rad Back
- Tinder Chief Gives Interview During Quiet Period
- Tinder Acquires Contact Management App
- Sean Rad is Out as Tinder CEO
- Tinder Adds Job, Education Information to Dater Profiles
- Dating App Looks to Employ Job Information