Amanda Bardwell will become the first woman CEO of Woolworth’s in September, Citigroup rewards CEO Jane Fraser with a pay bump, and Tinder’s new CEO takes over the business during a tough time for dating apps. Dating can be a marathon, but the woman leading the world’s biggest dating app is racing out of the gate: “We need speed and we need urgency right now,” says Tinder’s new CEO Faye Iosotaluno. Iosotaluno, now Tinder’s second female CEO, is inheriting the business as it faces some pressing challenges. Tinder’s paid users dropped 5% year-over-year in 2023, a trend that’s hit the online dating industry as a whole as consumer spending tightens and users grow weary of dating apps. Tinder CEO Faye Iosotaluno.

Source: Forbes February 22, 2024 18:52 UTC