Tinder’s CEO Calls It Quits After Just Five Months

Tinder Social App

Tinder CEO Christopher Payne is taking his exit from the company only five months after being named to the social dating apps top position. Replacing Payne is Tinder founder Sean Rad.

The social dating app has been in a state of upheaval lately. In March Payne was named to guide the company.

Following today’s announcement, Matt Cohler, of Benchmark Capital, a Tinder director, said, “It’s only been a few months, but there was mutual agreement here that it was not the right long-term fit, and given Tinder’s rapid growth trajectory both Christopher and the Board thought prompt action was best for everyone.”

Sean Rad served as Tinder’s CEO until last November when his board stripped him of that title.

Payne previously served as a top executive at eBay, guiding the company’s North America business. He has also worked for Amazon and Microsoft.

“I enjoyed my time at Tinder but we mutually determined that this wasn’t going to be optimal and thought that a quick transition served everybody best,” Payne said.

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The company recently apologized for going on a Twitter rant about a Vanity Fair article that talked about dating in the digital age. “Our intention was to highlight the many statistics and amazing stories that are sometimes left unpublished, and, in doing so, we overreacted,” the company said in an apology letter.

Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.