Bumble founder Whitney Wolfe Herd will step down as CEO of the dating apps operator and hand over the role to seasoned executive Lidiane Jones, knocking its shares down 10% to a record on Monday.

'Breakup?': Bumble founder Whitney Wolfe Herd to step down as CEO; shares drop after announcement

Whitney Wolfe Herd, at 31 has become a billionaire after her dating company Bumble's market debut saw a 67 per cent jump in shares on Thursday, On Thursday at 01:03 pm in New York, the dating app's shares soared 67 per cent to debut at USD 72 on the Nasdaq, taking Herd's stake at USD 1.

Bumble's 31-year-old CEO, who left Tinder over sexual harassment becomes billionaire

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'Breakup?': Bumble founder Whitney Wolfe Herd to step down as CEO; shares drop after announcement

Bumble's 31-year-old CEO, who left Tinder over sexual harassment becomes billionaire