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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 13, 2025

 

LendingTree, Inc.

(Exact name of registrant as specified in charter)

 

Delaware   001-34063   26-2414818
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)  

Identification No.)

 

 

1415 Vantage Park Dr., Suite 700, Charlotte, NC 28203
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (704) 541-5351

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.01 par value per share   TREE   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

     

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Following the unexpected passing of Doug Lebda, the Founder and former Chairman and Chief Executive Officer of LendingTree, Inc. (the “Company”), the Company’s Board of Directors (the “Board”), on October 13, 2025, appointed Scott Peyree, to serve as the Company’s President and Chief Executive Officer, effective immediately. Mr. Peyree will serve as the Company’s principal executive officer. Immediately prior to his appointment as the Company’s President and Chief Executive Officer, Mr. Peyree served as the Company’s Chief Operating Officer and President, LendingTree Marketplace. Mr. Peyree’s duties and responsibilities in his capacity as the Company’s Chief Operating Officer and President, LendingTree Marketplace will continue to be performed by Mr. Peyree in his capacity as the Company’s President and Chief Executive Officer, and the Chief Operating Officer and President, LendingTree Marketplace positions were eliminated. At this time, there has been no change in compensation payable to Mr. Peyree as a result of this appointment.

 

The Board also appointed Mr. Peyree to the Board to fill the vacancy resulting from Mr. Lebda’s passing. In accordance with the Company’s non-employee director compensation program, Mr. Peyree will not receive compensation for his service on the Board.

 

The information required by Items 401(b), (d), (e) and Item 404(a) of Regulation S-K regarding Mr. Peyree was previously reported in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 25, 2025, and such information is incorporated by reference herein.

 

Item 7.01 Regulation FD Disclosure.

 

On October 13, 2025, the Company issued a press release announcing the matters reported in Items 5.02 and 8.01 of this report, a copy of which is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

 

The information in this Item 7.01 and Exhibit 99.1 to this report is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed to be incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, whether made before or after the date hereof, regardless of any general incorporation by reference language in any such filing, except as the Company expressly sets forth by specific reference in such filing.

 

Item 8.01 Other Events.

 

On October 13, 2025, the Company announced that Mr. Lebda passed away unexpectedly on October 12, 2025 in an all-terrain vehicle accident. The Company mourns Mr. Lebda’s passing and extends sincere and heartfelt condolences to his family.

 

On October 13, 2025, the Board appointed its Lead Independent Director, Steve Ozonian, to serve as the Chairman of the Board, effective immediately. Mr. Ozonian had served as the Board’s Lead Independent Director since the position was established in 2016.

 

Item 9.01. Financial Statements and Exhibits.

 

Exhibit No.   Exhibit Description
99.1  

Press Release issued on October 13, 2025

104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 

  2  

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 16, 2025

 

  LENDINGTREE, INC.
     
  By: /s/ Heather Novitsky
   

Heather Novitsky

    General Counsel

 

 

 

 

 

 

 

  3  

 

 

EX-99.1 2 lending_ex9901.htm PRESS RELEASE

Exhibit 99.1

 

LENDINGTREE ANNOUNCES THE UNEXPECTED PASSING OF COMPANY FOUNDER, CHAIRMAN AND CEO DOUG LEBDA

 

CHARLOTTE, N.C., October 13, 2025 — LendingTree, Inc. (NASDAQ: TREE) announced that Doug Lebda, the Company’s Chairman and Chief Executive Officer, passed away unexpectedly yesterday in an all-terrain vehicle accident. The Board of Directors and the entire LendingTree management team deeply mourns his passing and extends sincere and heartfelt condolences to his family.

 

Scott Peyree, the Company’s Chief Operating Officer and President, has been appointed by the Board to serve as the Company’s President and Chief Executive Officer, effective immediately.

 

Lead Independent Director, Steve Ozonian, has been appointed by the Board to serve as the Chairman of the Board, effective immediately. Mr. Ozonian joined the Board in 2008.

 

The Board of Directors issued the following statement: “We are deeply saddened by the sudden passing of Doug. Doug was a visionary leader whose relentless drive, innovation and passion transformed the financial services landscape, touching the lives of millions of consumers. Since founding LendingTree in 1996, Doug dedicated himself to building a company rooted in consumer empowerment, championing a mission to simplify financial decisions and fostering economic opportunity for all.

 

Doug’s unwavering commitment to our team, customers and partners shaped LendingTree’s culture and values and permanently changed the way in which consumers access financial products. His passion will continue to inspire us as we move forward together. We extend our deepest sympathies to Doug’s family and loved ones during this difficult time.

 

The Board will work closely with Scott and the leadership team to honor Doug’s vision. We are committed to upholding his legacy and continuing the work he began with passion, integrity and dedication.”

 

Steve Ozonian commented further: “We sincerely thank Scott Peyree for the momentum powered by his outstanding commitment and focus at LendingTree. We have the utmost confidence in his ability to continue to lead LendingTree into the future.”

 

Scott Peyree also stated: “The news of losing Doug was devastating. But one of the most immediate impacts of his legacy is the strong management team he put in place at LendingTree. I look forward to leading our team and continuing our shared vision with Doug into the future.”

 

About LendingTree

 

LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, "LendingTree").

 

LendingTree is one of the nation's largest, most experienced online financial platforms, created to give consumers the power to win financially. LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through its network of approximately 430 financial partners. Since its founding, LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins. LendingTree, Inc. is headquartered in Charlotte, NC.

 

For more information, please visit www.lendingtree.com.

 

Contact
press@lendingtree.com