Jim Lanzone, the veteran tech executive who led CBS’ push into streaming video, has been named the new CEO of Tinder. He replaces Elie Seidman, who has led the Match Group-owned business since 2017.
The role brings Lanzone back to his consumer technology roots. He served as the CEO of Ask.com before founding internet TV guide startup Clicker.com. CBS acquired the business in 2011 and he became CEO of the media company’s digital division, CBS Interactive.
Under his tenure CBS Interactive, which owns brands like CNET, Gamespot and TV Guide, grew to 190 million monthly unique U.S. users. In 2014, he led the launch of stand-alone streaming service CBS All Access, which now has around 5 million subscribers. He was named chief digital officer for CBS in 2016.
“Tinder is an iconic brand and an essential part of the dating experience,” Lanzone, who had most recently served as an executive-in-residence at Benchmark Capital, said in a statement. “We have an enormous opportunity to deliver on our mission, bring more people to the product and reimagine the user experience across different markets. I’m looking forward to working with the team and taking the brand to new heights.”
He joins Tinder at a challenging time for the dating business. The app posted its first-ever sequential subscriber declines from February to March amid the early days of the novel coronavirus pandemic. Subscriber growth stabilized in April, and the company says it will report double-digit year-over-year quarterly revenue growth when it reports earnings Aug. 4.
Under Match Group, which formally spun out of IAC at the beginning of July, Tinder has looked to become a place for people to meet for not just romantic relationships. In fall 2019, it also launched its first entertainment programming, an apocalyptic interactive series called Swipe Night.
Match Group CEO Shar Dubey said of Lanzone, “He has vast experience running complex global tech organizations, driving product innovation, integrating emerging media trends into bellwether brands and a proven track record of building subscription offerings and delivering results. Tinder still has so much runway ahead, and as we look to integrate video, roll out new features in various regions and accelerate our growth around the world, Jim will be a formidable leader for the company.”
Lanzone will start Aug. 3 and report to Dubey.