The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
New CEO Spencer Rascoff Drives Increased Product Velocity and Organizational Discipline – Positioning Match Group for $100M+ in Annualized Savings
LOS ANGELES, May 8, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced financial results for the first quarter ended March 31, 2025.
"In my first full quarter as CEO, we've moved quickly to reinvigorate the business and this quarter's results show early traction," said Spencer Rascoff, CEO of Match Group. "In just a few months, we've unlocked significant cross-company synergies, reorganized our largest business unit, accelerated product development, and brought greater focus and discipline to how we work. The organization is moving faster, aligned on sharper priorities, and beginning to deliver against the strategy we've put in place."
DALLAS, April 29, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Spencer Rascoff, CEO of Match Group, will participate in a fireside chat at the J.P. Morgan Global Technology, Media, and Communications Conference on Tuesday, May 13 at 9:30 a.m. Eastern Time (ET). A live webcast and replay of the fireside chat will be available at https://ir.mtch.com/news-and-events/events.
Enters into Information Sharing Agreement with Anson Funds
DALLAS, April 29, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced its Board of Directors will add Kelly Campbell, the former president of NBCUniversal's Peacock, as a new director to its Board in connection with the 2025 Annual Meeting.
"Kelly is a deeply experienced leader who will complement the skills and expertise of the Board as we continue to provide oversight of Match Group and support the execution of the transformation underway. Her knowledge of consumer-facing technology businesses and insight into the development of brand equity in a competitive landscape will be an asset to Match Group as we focus on strong execution of our user-focused growth strategy," said Thomas J. McInerney, Chairman of the Board of Match Group.
DALLAS, April 16, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will release financial results for the first quarter 2025 on Thursday, May 8, 2025 before market open. The company will host its quarterly conference call to discuss these results at 8:30 a.m. ET on the same day.
A live webcast of the conference call, along with supplemental investor materials, can be accessed at https://ir.mtch.com. A replay of the webcast will be available through the same link following the conference call.
DALLAS, April 7, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced its Board of Directors (the "Board") will appoint seasoned e-commerce executive Darrell Cavens as a new director in connection with the 2025 Annual Meeting.
Issues Letter to Match Stockholders Outlining Urgent Need for Change to Address Long-Term Underperformance Driven by Poor Oversight, Subpar Corporate Governance, and Misaligned Board Culture
TORONTO, April 4, 2025 /PRNewswire/ -- Anson Funds Management LP and Anson Advisors Inc., the co-investment advisers of certain investment funds (collectively, "Anson Funds"), and stockholders of Match Group Inc. (NASDAQ: MTCH) ("Match" or the "Company"), today announced that it has nominated a slate of highly qualified directors - Fumbi Chima, Laura Lee, and Kelley Morrell - for election at the Match 2025 Annual Meeting of Stockholders. Anson Funds also published a letter to Match stockholders outlining the urgent need for change at the Company to address long-term underperformance driven by a history of poor oversight, subpar corporate governance practices, and misaligned board culture.
DALLAS, March 3, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced the promotion of Hesam Hosseini to Chief Operating Officer, effective April 1. After a decade in senior leadership roles at the company, Gary Swidler will step down as President on that date and continue as an advisor to the company until July 4, 2025, as part of a thoughtfully planned transition.
Hosseini, a seasoned leader within Match Group, brings extensive experience driving transformation and operational excellence across the company's global portfolio. Hosseini currently serves as CEO of Evergreen & Emerging Brands, where he has built a dynamic testing ground for new features and products at scale, strengthening Match Group's portfolio and driving long-term growth. In his new role, Hosseini will focus on driving growth and execution across the company while retaining oversight of the Evergreen & Emerging business unit and Match Group Trust & Safety. Additionally, he will now lead Corporate Development, Corporate Strategy, and the advertising sales team. Since initially joining Match Group in 2008, he has held multiple leadership roles, including CEO of Match and Match Affinity, CEO of Plenty of Fish, General Manager of New Initiatives, and General Manager of Match International.
DALLAS, Feb. 18, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Steven Bailey, incoming Chief Financial Officer of Match Group, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 3 at 1:00 p.m. Eastern Time (ET). A live webcast and replay of the fireside chat will be available at https://ir.mtch.com/investor-relations/news-events/events-archive/.
Company focused on execution of Investor Day plan including harnessing product innovations, especially with AI, to create more personalized, engaging, and authentic dating experiences
DALLAS, Feb. 4, 2025 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced financial results for the fourth quarter and full-year ended December 31, 2024.
"We had a strong finish to the year and are seeing solid peak season new user trends. We met our full-year 2024 AOI margin target through disciplined financial management. We're focused on executing the plan we laid out at Investor Day: driving innovation to spur user growth, generating strong free cash flow, and returning significant capital to shareholders. Our 2025 outlook remains unchanged since Investor Day on a FX neutral basis, though the strengthening U.S. dollar continues to put pressure on as reported results," said Steven Bailey, Incoming CFO.
DALLAS, Feb. 4, 2025 /PRNewswire/ -- Match Group's Board of Directors (NASDAQ: MTCH) today announced that Spencer Rascoff has been named Chief Executive Officer, effective immediately. Match Group's portfolio of over 20 brands includes category-leading global dating apps Tinder, Hinge, OkCupid, and Pairs. Rascoff, who has served as a member of Match Group's Board since March 2024, succeeds Bernard Kim, who is stepping down as CEO and as a member of the Board.