LendingTree CEO Dies in Tragic ATV Crash – Fintech World in Shock
LendingTree founder and CEO Doug Lebda, 55, died Oct. 12 in an ATV accident at his North Carolina farm, with no foul play suspected, authorities said. The board named COO Scott Peyree as CEO and Steve Ozonian as chairman. LendingTree shares fell about 8% Monday, closing near $54.60. Analysts maintain a “moderate buy” rating with a price target around $65.
