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Match Group (MTCH): Spencer Rascoff Appointed Chief Executive Officer

February 4, 2025 4:46 PM

Match Group's Board of Directors (NASDAQ: MTCH) today announced that Spencer Rascoff has been named Chief Executive Officer, effective immediately. Match Group's portfolio of over 20 brands includes category-leading global dating apps Tinder, Hinge, OkCupid, and Pairs. Rascoff, who has served as a member of Match Group's Board since March 2024, succeeds Bernard Kim, who is stepping down as CEO and as a member of the Board.

Rascoff is a seasoned technology entrepreneur with a strong track record of building and scaling consumer tech businesses. As co-founder and CEO of Zillow Group for more than a decade, he transformed it into a category-defining platform, expanding its offerings and significantly growing its market value. He also co-founded Hotwire, a breakthrough online travel marketplace, and Pacaso, a proptech company reshaping second-home ownership. In addition to his operational experience, Rascoff has been an active investor and advisor to numerous high-growth technology companies across marketplaces, media, and AI.

"Spencer is an exceptional leader with deep experience in growing consumer technology businesses," said Tom McInerney, Chairman of Match Group. "During his time on the Board, Spencer has demonstrated a strong strategic perspective and deep understanding of Match Group's brands and opportunities. We are confident in his ability to drive the company's next phase of innovation and growth. The Board also wants to thank BK for his leadership and contributions to Match Group, including advancing the company's approach to innovation. We appreciate all he has done for the company during his tenure."

"I am honored to step into the CEO role at such a pivotal and dynamic time for Match Group," said Spencer Rascoff. "This is a company built on innovation, and its portfolio of iconic brands continues to redefine how people connect. As the industry leader, Match Group has set the standard for innovation in dating and relationships, and I'm excited to build on that momentum to bring new experiences to tens of millions of users worldwide. I look forward to working with our teams to foster a culture that embraces creativity and continuous innovation, ensuring we continue to shape the future of dating and relationships."

"Leading Match Group has been an incredible experience, and I'm deeply grateful to our teams for their passion, innovation, and dedication to helping people connect," said Bernard Kim. "I've known Spencer for a long time and have no doubt that he'll bring great energy and vision to Match Group. I'm excited to see all that Spencer and the team will accomplish in the years ahead."

At Investor Day in December, Match Group outlined its vision for the next phase of growth, emphasizing advancements in AI-powered features and new product innovations to enhance user experiences. Under Rascoff's leadership, the Company will continue executing on these initiatives, ensuring its brands remain at the forefront of digital connections while driving long-term value for users and shareholders.

Rascoff will join Match Group's fourth quarter 2024 earnings conference call on Wednesday, February 5, 2025, at 8:30 a.m. Eastern Time (ET). Investors and analysts can access the webcast at https://ir.mtch.com.

About Spencer Rascoff
Spencer Rascoff was appointed Match Group CEO in February 2025 after having served on the company's board since 2024.

A seasoned entrepreneur and technology leader, Spencer co-founded Zillow, where he served as CEO for a decade, scaling the company to over 4,500 employees, $3 billion in revenue, and a $10 billion market capitalization while earning dozens of 'best places to work' awards. He also co-founded Hotwire, a breakthrough online travel marketplace; and Pacaso, a proptech company reshaping second-home ownership.

In addition to his operational experience, Spencer has been an active investor and advisor to numerous high-growth technology companies across marketplaces, media, and AI. He has also served on multiple public and private boards, including Palantir, TripAdvisor, and Zulily.

Spencer began his career in investment banking at Goldman Sachs and private equity at TPG Capital. He graduated cum laude from Harvard University and serves on the Board of Trustees of Harvard-Westlake School.

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