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Home Ad-Tech

Bumble Inc. names Neil Shah as Chief Business Officer

by MN4U Bureau
December 3, 2024
in Ad-Tech
Reading Time: 2 mins read
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Bumble Inc. names Neil Shah as Chief Business Officer
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Mumbai: Bumble Inc. has appointed Neil Shah to the newly created position of Chief Business Officer (CBO), marking a significant move as the company accelerates its strategic transformation. Shah will be responsible for driving the execution of Bumble’s revenue model, pricing strategy, and partnerships, further cementing the company’s commitment to scaling its business globally.

Shah brings a wealth of experience to this role, having previously served as Chief Operating Officer and Head of Business Operations at Slack, where he played a pivotal role in the company’s growth and transformation over eight years. Earlier in his career, Shah held strategic roles at Twitter and began his professional journey as a consultant at McKinsey & Co.

Neil’s appointment is effective immediately.

“Since the start of this year, we have taken bold steps to transform Bumble and strengthen our business to capture the large opportunity ahead, while changing online dating for the better. Our new Chief Business Officer role leverages Neil’s deep experience scaling technology companies and driving business improvements to advance our mission,” said Lidiane Jones, Chief Executive Officer of Bumble Inc. “With Neil’s partnership and our clear vision for Bumble’s future, we believe we are well-positioned to deliver on the tremendous potential we see in the business.”

Alongside this announcement, Bumble Inc. also revealed that Anu Subramanian, the company’s current Chief Financial Officer (CFO), will resign to pursue opportunities outside the company. Anu will remain in her role through March 14, 2025, supporting the transition and overseeing Bumble’s year-end earnings and the filing of its Form 10-K. Bumble has initiated a search process for her successor.

“I want to sincerely thank Anu for her partnership and for her many significant contributions, which have helped grow Bumble into a billion-dollar global business today,” said Lidiane Jones. “Anu has built a strong finance organization that has supported the Company’s growth and financial discipline, propelling consistent margin improvement and cash generation over the past several years. We are grateful for Anu’s leadership during a critical moment in our Company’s history and wish her all the best in her future endeavors.”

This leadership shift marks an important step in Bumble’s continued evolution as a global leader in the online dating industry. With Neil Shah’s appointment, Bumble aims to drive strategic growth and further strengthen its position in the marketplace.

Tags: Bumble Inc.Lidiane JonesNeil Shah

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