Scott Peyree Takes Over As CEO Of LendingTree In Major Leadership Transition

probably_nothing_anon · 2026-02-08T04:02:57+00:00

LendingTree Inc. has appointed Scott Peyree as CEO following the death of Doug Lebda. The leadership change aims to ensure continuity and stability, with Steve Ozonian becoming Chairman, highlighting the company's commitment to strategic governance during this transition.

probably_nothing_anon

2026-02-08 04:02:57

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LendingTree Inc. has announced a significant executive reshuffle following an unexpected tragedy. Scott Peyree, who previously served as the company’s Chief Operating Officer and President, has been promoted to the dual role of President and Chief Executive Officer, effective immediately. This leadership change comes in the wake of Chairman and CEO Doug Lebda’s death on Sunday, which resulted from an all-terrain vehicle accident.

Scott Peyree Elevated To Top Leadership Role

The promotion marks a swift transition for Scott Peyree, elevating him to the company’s highest executive position. His ascent to the CEO role underscores the board’s confidence in his operational capabilities and strategic vision for the digital lending marketplace. The move ensures continuity in the company’s management structure during this period of organizational transition.

Prior to his elevation, Scott Peyree held significant responsibility as COO and President, positioning him as a natural successor to lead the organization. His deep involvement in day-to-day operations and long-term strategic planning made him the logical choice to navigate LendingTree through this challenging moment.

Board Restructuring And Governance Changes

Beyond the CEO succession, LendingTree has also made adjustments to its Board leadership. Steve Ozonian, the Lead Independent Director who has served on the board since 2008, has assumed the role of Chairman. This dual appointment reflects a deliberate approach to maintaining governance stability and ensuring strong oversight during the transition period.

The restructuring demonstrates the company’s commitment to preserving operational momentum while honoring the legacy of Doug Lebda, who founded and led LendingTree through its evolution as a major player in the online lending space. With Scott Peyree now at the helm and Steve Ozonian providing board-level guidance, LendingTree is positioned to move forward with experienced leadership in place.

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