Doug Lebda, CEO and founder of LendingTree, died in an ATV accident on his family farm in North Carolina, the company announced on Monday.
Lebda was 55 years old and is survived by his wife and three daughters, Rachel, Abby, and Sophia.
The news of losing Doug was devastating
The company has appointed Scott Peyree, former chief operating officer and president, as CEO effective immediately. Peyree praised Lebda's legacy, noting the strong management team he established at LendingTree.
Author's summary: LendingTree founder dies in ATV accident.