Bumble Founder Whitney Wolfe Herd to Step Down as CEO

  • Slack CEO Lidiane Jones will take over the top job in January
  • Bumble shares fell as much as 10% to their lowest on record
Whitney Wolfe HerdPhotographer: David Paul Morris/Bloomberg
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Bumble Inc. Chief Executive Officer Whitney Wolfe Herd will step down from the company she founded nearly 10 years ago.

Slack Technologies Inc. CEO Lidiane Jones, who succeeded founder Stewart Butterfield earlier this year, will take over from Wolfe Herd starting in January, the company said in a statementBloomberg Terminal Monday. Wolfe Herd will stay on as executive chair.