INVESTING – Bumble announced key leadership changes, appointing Neil Shah as Chief Business Officer to drive strategic initiatives. Shah brings experience from Slack, Twitter, and McKinsey. CFO Anu Subramanian will step down in March 2025, with a search for her successor underway, and CMO Selby Drummond will leave in January 2025. Bumble reaffirmed its financial outlook for Q4 and 2024, maintaining prior projections. Q3 revenue fell 1% YOY to $274M but exceeded analyst estimates, with EBITDA reaching $83M, 5% above expectations.
