CHARLOTTE, N.C., July 19,
2023 /PRNewswire/ -- LendingTree, one of the nation's
largest, most experienced online financial platforms, today
announced that Scott Peyree has been
named Chief Operating Officer and President of Marketplace
Businesses following the departure of J.D. Moriarty at the end of
July, 2023.
Scott Peyree joined LendingTree
in 2018 via the acquisition of QuoteWizard, which helped to
establish LendingTree as a leading player in the online insurance
advertising industry. Since the acquisition, Peyree has served a
vital role as President of Insurance, exemplifying strong
leadership and deploying operational efficiencies during turbulent
insurance market conditions, evolving to become an essential
fixture within LendingTree's executive team. In this role, Peyree
will be responsible for marketplace businesses, sales, marketing
and will continue to oversee the insurance vertical.
"Since J.D. joined LendingTree in 2017, he has had a profound
impact on the business, driving our diversification strategy,
guiding the company through seven acquisitions in just three years,
and later leading our lending marketplace businesses," said
Doug Lebda, founder and CEO of
LendingTree. "I am grateful for his dedication, guidance and
friendship over the years."
"When deciding who would take over J.D.'s responsibilities,
Scott's proven track record, maniacal focus and operational acuity
made him the clear choice," continued Lebda. "Within our insurance
vertical, he has been able to strike the right balance between the
short and long term, navigating tough headwinds while keeping the
impact to the bottom line at a minimum. In short, Scott has
displayed exactly the right operational leadership we need in this
business climate. Along with the other changes made within the
company, I'm confident we have the right team to continue to propel
the business forward as a stronger, more unified organization."
"When LendingTree first approached us about acquiring
QuoteWizard, I was drawn to Doug's passion for helping consumers
make smarter financial moves while helping our partners expand
their businesses, along with LendingTree's entrepreneurial spirit,"
said Scott Peyree, LendingTree's
newly named COO and President of marketplace businesses. "Having
grown more familiar with the intricacies of our different
businesses along with the unmatched talent we've curated at this
company, I'm excited to implement more cross-collaboration, share
learnings and find new opportunities to grow as one organization.
I'm a firm believer that great companies separate themselves from
the pack during challenging macroeconomic conditions, and I look
forward to achieving just that."
Peyree is based in Seattle,
W.A., home of the QuoteWizard operations and will be frequently
travelling to LendingTree's headquarters in Charlotte, N.C.
About LendingTree, Inc.
LendingTree (NASDAQ: TREE) 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 over 600 financial partners. Since its
founding, LendingTree has helped over 129 million 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 for additional information.
Contact:
Megan Greuling
Megan.Greuling@tree.com
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SOURCE LendingTree, Inc.