Bumble founder Whitney Wolfe Herd to reclaim CEO position in March

Group 1 - Founder Whitney Wolfe Herd is returning as CEO of Bumble, succeeding Lidiane Jones who left for personal reasons [1] - Wolfe Herd's return is notable as it aligns with a trend of founders returning to leadership roles in their companies [2] - Bumble is facing sluggish growth, with Q3 2024 revenue declining to $274 million despite an increase in paying users to 4.3 million, and a drop in average revenue per paying user (ARPPU) from $23.42 to $21.17 [3] Group 2 - Bumble anticipates reporting fourth-quarter app revenue above the midpoints of its previously provided outlook ranges, with projected revenue between $256 million and $262 million and adjusted EBITDA expected between $70 million and $73 million [4]