CHARLOTTE, N.C., April 28,
2022 /PRNewswire/ -- LendingTree, Inc. (NASDAQ:
TREE), operator of LendingTree.com, the nation's leading online
financial services marketplace, today announced that its Board of
Directors ("the Board") has approved the appointment of
Mark Ernst and Diego Rodriguez as independent directors
effective April 27, 2022.
Additionally, Jennifer Witz has
resigned as a member of the Board, also effective April 27, 2022.
Mark Ernst currently serves as
the Managing Partner at Bellevue Capital LLC, a private investment
firm. In addition to Ernst's extensive governance background, he
has significant oversight experience with transformative
initiatives in the B2B and B2C sectors. Prior to joining Bellevue,
Ernst served as EVP and COO of Fiserv for seven years where he was
instrumental in integrating Fiserv's technology services, creating
a high-performing operating company. Earlier in his career, Ernst
was recruited by H&R Block as COO, and was later appointed as
one of the first non-family CEO in the company's history. Ernst
also served as Deputy Commissioner of Operations Support for the
IRS.
Diego Rodriguez most recently
served as EVP, Chief Product and Design Officer at Intuit where he
oversaw the design and delivery of the company's product ecosystem.
Prior to joining Intuit, Rodriguez was a Partner and Global
Managing Director at IDEO, where he led the creation of the
company's growth ventures and was instrumental in funding and
incubating a portfolio of external startups including PillPack,
Faraday Bicycles, and Mural. Rodriguez was also a founding faculty
member of Stanford University's
d.school, and an entrepreneur-in-residence at Harvard Business School. He was a member of
Harvard University's Board of Overseers
and is currently a Professor of the Practice at Boise State University.
"I am thrilled to welcome Mark and Diego to the Board of
Directors and want to thank Jennifer for her contribution and
support as a board member," said Doug
Lebda, Founder, Chairman and CEO of LendingTree. "Mark's
depth of experience in technology and financial services along with
his operational expertise will undoubtedly make him an invaluable
addition to our Board. Diego brings a unique combination of
creative product design and innovation grounded in a pragmatic
business and engineering mindset that will certainly serve
LendingTree and its shareholders well. The addition of these new
members will help to elevate our organization as we execute on our
strategy, deliver a best-in-class customer experience and become
the ultimate resource for consumers wanting to take control of
their financial lives."
Mark Ernst and Diego Rodriguez will stand for election at
LendingTree, Inc.'s annual meeting on June
22, 2022.
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is the nation's leading
online marketplace that connects consumers with the choices they
need to be confident in their financial decisions. LendingTree
empowers consumers to shop for financial services the same way they
would shop for airline tickets or hotel stays, by comparing
multiple offers from a nationwide network of over 500 partners in
one simple search and choosing the option that best fits their
financial needs. Services include mortgage loans, mortgage
refinances, auto loans, personal loans, business loans, student
refinances, credit cards, insurance and more. Through the My
LendingTree platform, consumers receive free credit scores, credit
monitoring and recommendations to improve credit health. My
LendingTree proactively compares consumers' credit accounts against
offers on our network and notifies consumers when there is an
opportunity to save money. In
short, LendingTree's purpose is to help simplify
financial decisions for life's meaningful moments through choice,
education and support.
LendingTree, Inc. is headquartered in Charlotte, NC.
For more information, please visit www.lendingtree.com.
MEDIA RELATIONS:
press@lendingtree.com
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SOURCE LendingTree, Inc.