LendingTree names Scott Peyree CEO after Doug Lebda’s passing
LendingTree, Inc. announced leadership changes following the unexpected passing of Founder and former Chairman and CEO Doug Lebda on October 12, 2025.
Rhea-AI Filing Summary
LendingTree, Inc. announced leadership changes following the unexpected passing of Founder and former Chairman and CEO Doug Lebda on October 12, 2025. On October 13, 2025, the Board appointed Scott Peyree as President and Chief Executive Officer, effective immediately, and named him the company’s principal executive officer. Peyree, previously Chief Operating Officer and President, LendingTree Marketplace, will continue those responsibilities within his CEO role, and the separate COO and Marketplace President positions were eliminated.
The Board also appointed Steve Ozonian, previously Lead Independent Director since 2016, as Chairman of the Board, effective immediately. The company stated there is no change in compensation for Peyree due to this appointment, and he will not receive Board compensation under the non-employee director program.
Positive
- None.
Negative
- Founder and former Chairman/CEO Doug Lebda passed away; immediate CEO and Chairman transitions implemented.
Insights
Leadership transitions named immediately; continuity emphasized.
LendingTree filled top roles swiftly after Doug Lebda’s passing. Scott Peyree was named CEO and principal executive officer on October 13, 2025, consolidating his prior COO and Marketplace President duties as those positions were eliminated. This concentrates operational and strategic authority under one leader.
The Board elevated Steve Ozonian to Chairman on October 13, 2025, providing an experienced director as Board leader. The filing notes no change in CEO compensation from this appointment and that he will not receive Board pay under the non-employee program.
Actual impact depends on execution under the new structure. Subsequent company filings may provide additional details on strategy and any longer-term compensation or governance updates.
8-K Event Classification
FAQ
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What leadership changes did LendingTree (TREE) announce?
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AI-generated analysis. How Rhea-AI works. Not financial advice.