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The social networking platform sets its go-forward leadership team ahead of public listing to continue and accelerate profitable growth
The Board of Directors of Grindr (the “Board”), the #1 social network for the LGBTQ community, today announced that George Arison, one of the few openly gay public company CEOs in the US, has been named Grindr’s new Chief Executive Officer effective October 19, 2022. Additionally, Vanna Krantz, former CFO of Disney Streaming Services, has been appointed Chief Financial Officer, effective September 26, 2022. This leadership announcement is part of a planned transition – originally announced along with the SPAC transaction in May – as Grindr prepares for its public listing currently slated for later in the Fall.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220913005516/en/
George Arison (Photo: Business Wire)
“Grindr is an unbelievable business and I am beyond excited to help them navigate through this next part of their journey. Their hard work and a laser focus on delivering great products to a starkly underserved market are inspiring, and deliver incredibly strong business results.” said George Arison, Grindr’s incoming CEO. “Grindr’s mission to connect the LGBTQ community with one another and the world is a powerful driver of success, and provides a framework by which we can continue to grow by leaps and bounds in the years to come. Our community is deserving of amazing business services, and we intend to meet and exceed their expectations.”
Arison comes to Grindr after nine years of building Shift Technologies, Inc., (NASDAQ:SFT), a leading end-to-end auto ecommerce marketplace, where he was founder and CEO. Prior to Shift, Arison was Co-Founder of Taxi Magic (now known as Curb, acquired by VeriFone) and served in positions at Google and BCG . An openly gay man, and possibly the first openly gay man to take a company public, George has also worked as a political scholar and advocate in his native country of Georgia. He serves on the board of Belong Acquisition Corporation, is an investor in several growth stage companies, and has served on Grindr’s Board of Directors since May, 2022.
James F. Lu, Chair of the Board, said, “I am so pleased to have George Arison join Grindr’s leadership team. With his extensive experience building innovative businesses, and successfully leading them into and through the public markets, I believe there is no one more perfectly positioned to accelerate Grindr’s already strong growth and profitability. Grindr, with George at the helm, will succeed and grow as a public company at the same time as it deepens its support for the LGBTQ community.”
The Board asked George to lead an extensive search for a new CFO, which led to Krantz’s selection. Krantz brings impressive experience to support Grindr’s transition to being a public company. Krantz has a diverse background from both global public companies and small private companies in media , technology and financial services. As the CFO of Disney Streaming Service, Krantz launched and grew the highly successful Disney+ product. Krantz has built world class finance functions …
Full story available on Benzinga.com
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