Tragic Loss: LendingTree's Founder Doug Lebda Dies in ATV Accident

October 13, 2025 - 19:26

Doug Lebda, the visionary founder and CEO of LendingTree, has tragically passed away at the age of 55 following an unexpected ATV accident over the weekend. His untimely death has sent shockwaves through the financial services industry and among those who knew him personally and professionally.

Lebda established LendingTree in 1996, revolutionizing the way consumers approach borrowing by creating a platform that allows users to compare loan offers from multiple lenders. Under his leadership, the company grew into a leading online marketplace for loans, credit cards, and other financial products, significantly impacting the lives of countless individuals seeking financial solutions.

In light of this profound loss, LendingTree's board has swiftly appointed Scott Peyree as the new CEO. Peyree, who has been with the company for several years, is expected to carry on Lebda's legacy while steering the company through this challenging transition. The entire LendingTree community mourns the loss of a pioneering leader whose contributions will be remembered for years to come.