09:05 AM EST, 01/17/2025 (MT Newswires) -- Bumble (BMBL) said Friday its executive chair, Whitney Herd, will succeed Lidiane Jones as chief executive officer, effective mid-March 2025.

The company said Jones has resigned from her role for personal reasons but will remain CEO until the transition takes effect.

Following Wolfe Herd's appointment as CEO, the company said Ann Mather, lead director, will become chair of Bumble's board of directors.

The company also said it expects to report Q4 total revenue and Bumble App revenue above the midpoints of its previously provided outlook ranges.

Shares of the company rose 6.1% in recent premarket activity.