Match Group announced on Tuesday that, effective May 1, Bernard Kim, president of mobile gaming maker Zynga, will replace Shar Dubey as the company’s CEO.
Dubey joined Match Group in 2006. Her departure comes after two years of serving as the company’s CEO.
However, she will continue to serve as a director and advisor to the company, Match Group added.
Match Group owns dating apps like Tinder, Hinge, and OkCupid. It recently announced its quarterly results, showing that its total revenue increased 20% to $799 million in the first quarter, beating analysts’ estimates of $794.2 million.
With COVID restrictions eased, an increase in user mobility in most of Match’s markets was observed, allowing people to explore and connect outdoors and attracting more users to its flagship dating apps.
The company also said that the growth was achieved despite the negative impacts of Russia’s invasion of Ukraine on its European business and the COVID-19 cases.
Tinder’s direct revenue grew 18% from a year ago for the first quarter.
Match Group’s board has also authorized a buyback of up to 12.5 million outstanding shares.