Overview

• President and COO Scott Peyree was appointed CEO effective immediately, and longtime director Steve Ozonian became chairman.
• Shares of LendingTree fell following the announcement, and trading was briefly halted pending the news.
• The company and family issued statements mourning Lebda and highlighting his impact on consumers and the industry.
• Officials have not released additional details about the circumstances of the ATV accident.
• Lebda founded LendingTree in 1996 and built it into a major online financial marketplace partnering with hundreds of lenders.