Tinder CEO Steps Down in Latest Shakeup at Match Group

Tinder Chief Executive Officer Faye Iosotaluno will step down in July after less than two years in the role, adding to a string of executive changes at parent company Match Group Inc., which has struggled to return Tinder, its largest dating app brand, to growth.

Iosotaluno announced her upcoming departure from Match in a LinkedIn post on Thursday, ending a nearly eight-year run at the company. Match Group Chief Executive Officer Spencer Rascoff said in a post of his own that they have been working together to prepare for the announcement “over the past few months” to ensure a smooth transition, and that he will step in to lead the Tinder team without naming a CEO replacement.