CHARLOTTE, N.C., Jan. 19, 2022 /PRNewswire/ -- LendingTree,
Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation's
leading online financial services marketplace, ushers in a new
generation of leaders to its executive team with the hire of Shiv
Singh as its Chief Marketing & Customer Experience Officer in
addition to the promotion of several team members.
Shiv Singh joins LendingTree from The Expedia Group, where he
served as Senior Vice President and General Manager for the
world-class travel brand, charged with driving brand loyalty and
long-term customer value amid the coronavirus pandemic. Previously,
Singh worked as Chief Marketing Officer for med-tech startup Eargo,
successfully repositioning the brand during a crucial high-growth
period for the business. Singh's impressive career also includes
senior leadership positions at Visa, PepsiCo and Razorfish. The
author of two award-winning social media and marketing books, Singh
holds a master's degree from The London School
of Economics and a bachelor's degree from Babson College.
"Shiv has first-hand experience in unlocking the scale and power
of marketplace businesses at Expedia," said Doug Lebda, founder, chairman and CEO of
LendingTree. "He brings to the team the ideal mix of brand and
digital marketing expertise with a heavy focus on data-driven
decision making. After an exhaustive executive search process, I
couldn't be more confident that Shiv is the right person to
strengthen LendingTree's position as the leading financial services
marketplace by building lasting and trusted consumer relationships
for every financial need."
"With over $50 billion in loans
served and helping over one hundred million consumers in its
26-year history, I am humbled and excited to join the company,"
said Shiv Singh, LendingTree's new Chief Marketing & Customer
Experience Officer. "LendingTree is a consequential brand making a
meaningful difference in people's financial lives with immense
runway to be the ultimate consumer champion in the financial
services space."
Neil Salvage, who joined
LendingTree in 2013, held various leadership positions within the
company, and most recently served as President, LendingTree
Marketplace, will be leaving the company as of January 31, 2022. "Since Neil joined the company,
he has been instrumental in bringing LendingTree to the point where
it is today," said Lebda. "As much as he will be missed, I feel
confident that Neil will be leaving the team in a position of
strength. I believe his departure will serve as a catalyst for
change, giving the next generation of leaders an opportunity to
build upon Neil's success within LendingTree's marketplace
businesses and accelerate our growth trajectory."
Following Salvage's departure, J.D. Moriarty will become
President of Marketplace and Chief Operating Officer of
LendingTree. In this role, he will oversee Sales, General
Management, Business Development & Partnerships, Enterprise
Operations, Corporate Development, as well as Customer Service
teams.
"Ultimately, bringing these teams together under J.D.'s
leadership will enable us to have greater operational alignment as
we continue to execute on our strategy," said Lebda. "I could not
have asked for a more skilled COO to lead the centralization of
these teams and I have full confidence these business units will
thrive under J.D.'s direction."
Jorge de Castro, formerly SVP of
Partnerships at LendingTree, will be expanding his role as the
Company's new SVP of My LendingTree and Partnerships bringing
dedicated focus to all aspects of the membership-based financial
services platform. De Castro joined LendingTree from Equifax where
he was Head of Strategy for Global Consumer Solutions and helped
craft, launch, and acquire Equifax's financial wellness businesses
and key fintech partnerships in both B2C and B2B2C markets across
the US, UK, and Canada. De
Castro's career also includes senior leadership positions operating
key consumer brands at Kraft, Georgia
Pacific, and P&G. He holds an MBA from the University of Wisconsin – Madison and a
bachelor's degree from Rhodes
College.
Lebda stated, "Since Jorge joined LendingTree this past August
to lead our B2B initiatives inside of Next, I've been continually
impressed with his knowledge and expertise in areas far beyond his
initial scope. Jorge's experience as a strategy leader and operator
of consumer-centric businesses at scale makes him the ideal
candidate to elevate the role My LendingTree plays for our broader
organization, our members and our partners. I am delighted to
have him join the leadership team."
Finally, LendingTree's Product team will be joining the
Technology organization to create a centralized Product and
Technology function, led by LendingTree CTO Scott Totman.
"For the past several years, our Product team has been divided
among our various operating divisions," said Lebda. "Creating this
centralized product and tech department with Scott at the helm will
enable LendingTree to move closer to our goal of being a digital,
customer-first Fintech organization. With this centralization, I'm
confident we will be even more effective in building great products
that surprise and delight consumers."
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) is the nation's leading online
financial services 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.
Investor Relations:
investors@lendingtree.com
Media Relations:
Megan.Greuling@lendingtree.com
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SOURCE LendingTree, Inc.