Tuesday, November 4, 2014

Sean Rad Out As Tinder CEO

The 28-year-old CEO and founder of the hugely popular dating app was fired last month, Forbes reported. He was waiting to give a speech when he got the call.



Steve Jennings / Getty Images for TechCrunch


Sean Rad, the 28-year-old CEO and founder of Tinder, was ousted from his position last month as he was waiting to give a keynote speech at the Forbes 30 Under 30 Summit, Forbes reported in a detailed account made public for the first time.


Rad was preparing to unveil Tinder's first-ever revenue generator at the summit when he was given the news by Sam Yagan, an official at Barry Diller's IAC, which owns a majority of Tinder.


Rad's firing comes in the wake of a sexual harassment lawsuit against Tinder which led to co-founder Justin Mateen's suspension in July. Mateen resigned in September.


ad will act as president and remain on Tinder's board, and will stay on as CEO until they find a replacement.






from BuzzFeed - Breaking http://ift.tt/1scDxLH

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