LendingTree Inc. (TREE) announced that Chairman and Chief Executive Officer Doug Lebda passed away unexpectedly on Sunday following an all-terrain vehicle accident.
Effective immediately, the company appointed Scott Peyree, the Company's Chief Operating Officer and President, to serve as President and Chief Executive Officer.
Additionally, Lead Independent Director Steve Ozonian has been named Chairman of the Board. Mr. Ozonian has served on the Board since 2008.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.