LendingTree Mourns the Loss of Its Founder, Doug Lebda

Strategic Insights -

Doug Lebda, LendingTree's founder and CEO, passed away unexpectedly in an all-terrain vehicle accident. The company's Board of Directors and management team are deeply saddened by his sudden passing, which has left a profound impact on the financial services landscape. Lebda's vision and leadership transformed the industry, and his legacy will continue to inspire the company's future endeavors. The Board has appointed Scott Peyree as the new President and CEO, and Steve Ozonian has taken over as Chairman of the Board.

Key Takeaways:

  • Doug Lebda, LendingTree's founder and CEO, passed away unexpectedly in an all-terrain vehicle accident at the age of unknown, leaving behind his family and loved ones.
  • Lebda's vision and leadership transformed the financial services landscape, touching the lives of millions of consumers since founding LendingTree in 1996.
  • The company's Board of Directors and management team are deeply saddened by his sudden passing and will work closely with Scott Peyree, the new President and CEO, to uphold his legacy.
  • Scott Peyree expressed his gratitude for the momentum built by Doug Lebda and has confidence in his ability to continue LendingTree's vision.
  • The company has a strong management team in place, with Steve Ozonian as the new Chairman of the Board, ensuring a smooth transition.
  • LendingTree is one of the nation's largest, most experienced online financial platforms, created to give consumers the power to win financially, with access to over 430 financial partners and a portfolio of innovative products and tools.

Statistics:

  • Lebda founded LendingTree in 1996.
  • The company has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys.
  • LendingTree has a network of approximately 430 financial partners.
  • The company is headquartered in Charlotte, NC.

Sources:

  • LendingTree, Inc. Press Release, Oct. 13, 2025
  • LendingTree, Inc. Website, About Us
  • LendingTree, Inc. Press Release, Founding Year (1996)